Gold Price - Live Updates
What’s the current market gold price? When is the best time to buy gold or gold jewelry? Is the question which you should ask yourself before shop or invest in gold. We aim to answer all of these questions but if there are still some answers that you’re seeking, take your time to ask a professional. Find someone with years of experience and one that can be trusted.
Be Informed Before You Buy Gold
We know how important it is to know exactly what you’re buying, which is why we’ve created this website. We’ll offer you all the tips you need when it comes to searching for gold jewelry and we’ll even offer advice on how to choose items.
There are tips on how to look after your precious items, so they’ll always shine. Below are some charts, links and information worth reading!
24 Hours Gold Price
What the Experts Are Saying!
Colin Fenton - $2,500 (by end of 2011) "Before the downgrade, our view was that cash gold could average $1800 per ounce by year end. This view will likely now prove to be too conservative: spot gold could drive to $2500 per ounce or higher, albeit on very high volatility." Reuters (08/2011) Fenton is Commodities Analyst at JP Morgan.
Frank Holmes - $2,300 (no period cited) "Loose monetary policy, demand from emerging markets, and sovereign debt woes could push gold prices to $2,300 an ounce in the coming years, says U.S. Global Investors' Frank Holmes." Morningstar (06/2011) Holmes is CEO/CIO at U.S. Global Investors.
Heath Jensen - $2,500 (no period cited) "On a worst-case scenario for Euro sovereign debt and USA fiscal problems, we believe gold could repeat the extent of the 1970-1980 gold bull market, implying upside-risk to above $2500 an ounce... the drivers are the same – the debasement of fiat currencies as a store of value and fear over the outlook for the global economy." ProactiveInvestors (07/2011) Jensen is Analyst at Citigroup.
John Paulson - $4,000 (in 3-5 years) "Gold prices could go as high as $4,000 an ounce over the next three to five years, as the U.S. and U.K. flood the money supply." Wall Street Journal (05/2011) Paulson is the founder and President of Paulson Co., Inc., a New York-based hedge fund.
David Rosenberg - $3,000 (by mid 2014) "Gold can double from here in the next couple of years. I could easily see $3,000 an ounce before it morphs into a bubble." MarketWatch (06/2011) Rosenberg is Chief Strategist at Gluskin Sheff + Associates Inc., an independent investment firm.
Jim Sinclair - $5,000 (no period cited) "Looking for a major upturn in gold as soon as June and targeting $5,000 as a longer term objective." Mineweb (05/2011) Sinclair is a precious metals specialist and founder of JS MineSet
Standard Chartered Bank - $5,000 (by 2020) "Gold is moving into a new "super-cycle" as a number of structural factors -- including consumer demand from Asia and tepid growth in supply--combine to push prices higher. In their words, 'statistical modeling suggests a possible 'super-bull' scenario of gold prices rallying.' The driver is increased wealth in Asia." MSN Money (06/2011)Source: www.goldline.com
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