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Gold is a great investment in these dire economic times. Gold prices have gone up drastically since 2008 and will probably continue to climb for at least the rest of this year.
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∙ 12y ago
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Is there any relationship between gold prices and stock market?
Roughly, yes. When the stock marketis struggling, gold prices will go up.
How gold price determined in India?
gold prices are determined on the basis of stock market.
Why Consider Gold Investments?
Gold investments are viewed as a very secure way to invest money. Stock prices rise and fall, real estate fluctuates in value. Gold is seen as a commodity with great value that increases over time. Gold investments are also viewed as a way to fight economic inflation. Of course, there is risk involved with gold investments too. It is best to study the current gold market before initial investments.
Where can one find information about gold stocks?
One source of information on gold stocks is GLDSTOCK which provides current information on what is happening in the gold market and gold stock. One can invest in gold through stock in gold mining companies or gold companies.
Don't Rely on Gold Stock Prices?
If the stock market has shown one thing about itself over the past decade, it's that it is horrifyingly unstable. The rates at which stocks go up and down are almost comical at times, and it really doesn't speak well of the system as a whole that it is so unreliable. One of the major issues with the stock market is the way in which gold stock prices are portrayed in the market on a daily basis. The rampant fluctuation of gold stock prices gives way to a concept that gold itself fluctuates in value in much the same way, when this is really not true. In fact, the value of gold remains fairly steady in spite of gold stock prices.Recently, gold stock prices have been labeled as "obscene" by some industry monitors, and that has not gone by without issue. Now that gold stock prices have reached a slightly lower range, there is renewed interest in these stocks. However, one thing that many people don't seem to realize is that not much has happened to the "real" value of gold during this entire period of unrest in the area of gold stock prices. In fact, there has been a fairly steady value attributed to gold throughout this era of high gold stock prices.
Where can one find the prices for GBG stocks?
GBG is the stock market symbol for Great Basin Gold. By entering this symbol into Google, a result will be returned showing the current stock market value.
Do I pay off my mortgage buy more gold or invest in more stock?
Pay off your mortgage.
Where does one go to follow gold stock prices?
There are a number of places interested individuals may find updates on gold stock prices. The web domains "GoldAlert," and "Kitco," for example, both provide this service.
What are the prices for gold stock nowadays?
Currently the market is sitting at about $113 for gold stock. Over the past week it has ranged from about $70 to $114. This is as of August 22, 2011 at close.
What can be found on the FTSE Futures website?
On the FTSE Futures website, there are predictions for stock prices of stocks in the London stock exchange. It also include materials future prices, such as gold and wheat.
Why Gold Prices Today are High?
Ever since the housing bubble burst, and the credit markets fell apart in 2008, the stock markets across the globe have been very unstable. This instability has caused many people to lose a lot of their financial investments and look for new ways to invest. For many people, a great option would be to invest in gold. Gold prices today are about as high as they have ever been, and there is a good chance that they will continue to increase. Gold prices today are high for a few different reasons.One reason why the price of gold is increasing is that many investors are concerned about long-term inflation increasing dramatically. Due to the poor economy, the government has received less money through tax revenue and has had to spend more money to support its citizens. Since this is putting the country in greater debt, the government will need to print more money to support itself. This will then deflate the dollar, which will cause inflation. Purchasing gold has been a great way to hedge against inflation in the future.Gold prices are also high today because interest rates have continued to be quite low. When you invest in gold or any other investment, you are forgoing the ability to invest in other investment vehicles. Since interest rates on bonds, and other fixed rate investments have been so low, more people have looked for other places to invest their money. One of the most common places to invest has been in gold, which has helped push the value of the precious metal up. As long as the federal government keeps rates low, gold prices will stay high.The overall poor economy is the third reason why gold prices have remained so high. Since the stock market has proven to have the ability to go up and down rapidly, most people are fearful that they could lose a lot of their money when investing in the markets. Instead of buying stocks, they have chosen to purchase gold, which has proven to have a more stable value. This increased buying has helped keep the price of gold quite high.
How do you look up the current prices of gold silver oil etc?
Someone can find the current prices of gold and silver by looking at real charts on a finance or stock news website. Such websites provide real time updates on precious metal, oil and stock indices.
