According to The Economic Times, Gold prices are set to jump to a four-year high of $1,400 an ounce by the end of the year over mounting tensions between North Korea and the US, and surging demand in the world’s biggest consumers. They attribute this news to the head of precious metals at a Russian investment bank. Bullion could rise to $1,360 within three months before climbing higher, fueled by global political risks and buying from China and India, said Evgeny Ananiev at VTB Capital JSC, the investment-banking unit of Russia’s second-largest lender VTB Group. “We may see some correction, but I don’t think gold will drop below $1,200 as it’s well supported,” he said in a weekend interview in Goa. The metal traded at $1,281.86 on Monday.
Read MoreHaving been in the Gold Business for the past 9 years, I do not see any reason why a gold agent should contact anyone who is not in the Gold business to buy Gold from them. That’s not the tried and true way of showing interest...
Read MoreContrary to all the information on Internet, gold in Tanzania, but also in Ghana, Mali, and other gold producing countries in Africa IS NOT CHEAP. Contrary to what you may think, local miners don't have any real problems selling gold at the spot for best prices.
Read MoreGhana is Africa’s second biggest producer of gold. Production rose 12 percent in 2009, with output at the country’s two biggest mines increasing. Ghana’s mines produced 2.9 million ounces in 2009, compared with 2.6 million in 2008.
Read MoreIt is not normal for a beginner to wonder about the difference between gold and the other materials that also pose themselves to be it. Sometimes people are misguided into believing that shiny rocks such as iron pyrites and Mica are Gold. Legend has it that in the 1500's .......
Read MoreLearning about Gold is the number one and probably the most important thing to know. This is even more important than even knowing wether the seller is genuine or not. This is beacause if you know this, fake gold dealers will find it very difficult to deal with you. You must know these about Gold ........
Read MoreThe rate of gold scam complaints continues to escalate. We cannot just blame Gold Scammers. Partially we have to blame it also on the greed of people who want gold for a ludicruosly cheap .......
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