it is not a goo investment the price will go down because scientists believe there are more ores further into the crust that will be more expensive and payable than gold
2 ounces of 10 karat gold will be $856. 17. This price is only good for right now as the price of gold goes up and down daily.
Check at a local store for gold price vs the jewelery price.
a price lower han going rate
The demand and supply of gold. Due to the credit crisis many people have decided to buy gold since the price of hold has always been very stable (doesn't fluctuate a lot) since more people demand gold, the price of gold has risen. This is with accordance to the law of Demand which states that if all other factors are held constant, then there will be a negative relationship between the quantity demanded and the price of a good. Thus the higher the demand for gold,the higher the price. try this site its useful http://gold-price-blog.info/
gold is not a good investment because it is a non productive assets. For example when you buy a stock you own part of a business and if you have selected a good business then it provides value and the company earns a profi, but gold,silver,paintings, etc. donβt produce anything of actual value that isnβt dependent kn just the price people will pay for it. If your looking to invest the price going down is good for you because you can buy more at a cheaper price.
Gold earrings are available for a good price at some jewelry outlet stores but you may also want to check out local or area pawn shops. They often have a wide selection.
Now is the best time to sell gold jewelry because the stock market troubles have driven the price of gold to record highs. Selling your gold now will get you the best price.
it was between $250-$300 today it is apprx. $850 (a very good investment) try this site its useful http://gold-price-blog.info/
Yes it is. With gold sustained value in the market for hundreds of years, many gold investors became the best earners in the world. The price of gold may go down, but it will soon go up in a short period of time. That is the reason why the gold price has raised in the past years, thus, online gold trading rarely makes some loses. If you want to know more, GLD1881, your bullion investment house will guide you.
yes, you can find gold plated watches that start at 200 dollars.
The value changes constantly with the price of gold. If you have a collectors coin then the value may be more than the "spot" price of gold. Generally gold coins are worth a little more than the "spot" price anyway. One good place to keep up on the value would be www.coininfo.com
Supply & Demand, EconomicsEconomic studies tell us that when the price of a good drops, demand will rise. Furthermore, when the price of a good rises, demand will go down.