Tag Archive: price of gold

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Gold and Silver Prices Stall with Bank Holiday

The spot price is used all over the world for buying and selling gold, silver and other precious metals. The most commonly used version of the spot price, is the London PM Fix. For example, NowGold.com sets our buy price daily, based on the London PM Fix.

The United Kingdom is celebrating a national holiday in observance of the Royal Wedding of Prince William and Kate Middleton. Congratulations to the Duke and Duchess.

We are expecting gold prices to gap down when the markets return from the bank holiday.

Gold hits record high!

Gold bullion hit another all time record high today at $1465 per troy ounce. Economist fear this may be the top of the market as hedge fund managers are starting to liquidate the metals to cash in.

Watch out for a correction in gold and silver prices. Sell your unwanted or broken gold jewelry now to take advantage of the situation.

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