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Upto what price gold will go high? |
gold will go more high then this price or will come down shall we invest in gold or not ??????? I can see it going as high as $800 before it slowly starts coming down again. Unless the crisis in Iran or the middle east get worse, the price of gold has reached it high. If you have noticed it has dropped the past two days. |
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Gold prices dropped about 10 years ago to under 300 bucks an ounce. England debased their economy from gold. They dumped 60 tonnes of gold on the market. As that gold got used up the prices have... Interesting time to buy gold now that it trades over $1,000 per ounce. Five years ago you could have bought it for under $350 an ounce. Can I ask why you weren't interested in buying any back ... Gold is about $624 per ounce right now. I don't what size brick you had in mind, but it would be costly. A 10 pound brick would be 160 ounces x $624 = $99,840. Go to apmex.com to buy gold... The last spike in Gold was in the early 80's and there was no major drop in the markets. ...It is easy to get started in gold investing and it can be a smart move--maybe. First, the ishares gold exchange traded fund trading symbol is IAU (Silver is SLV). So you can buy gold (or silver) ... Any large bank will offer you a range of services to buy gold, the usual routes are gold coins or even krugerands. Just walk into your local Citi or Bank of America, and ask to talk to someone abo... $50/oz gain x 100 oz = $5,000 ...You should be able to buy coins at a local dealer. In Canada you should also be able to buy at Scotia Bank ... |
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