Current Gold Market Price

The current gold market price is a clear reflection of the value of gold for risk protection of other financial assets. Gold prices are affected by supply and demand, as with any other type of commodity, but the demand for gold increases in a difficult market as investors hurry to buy up as much gold as they can to use as a hedge against an even greater financial… Continue reading

California and The Gold Rush

In January 1848, James Marshall was overseeing the building of a saw mill for his boss, when he saw an unusual rock glinting in the upturned earth. Continue reading

Gold Mining Companies: A Good Investment Opportunity?

Investing in gold mining stocks can be a good addition to your portfolio but as a growth investment which cannot be considered equivalent to hedging with gold bullion. The reason for this is that stocks in gold mining companies face many more challenges than simply the price of gold. The valuation of gold mining shares is based on a number of factors including the company's potential future revenue which is… Continue reading

Gold Mining

The main type of gold extraction today is hard rock mining using either open pit methods or sub-surface mines. Mining gold from water was a method that was widely used during the California gold rush but is not commercially viable today and is used mainly by artisan gold miners. Gold Mining: Panning The original method of mining gold from water was known as panning and is a manual technique to… Continue reading

Gold futures trading demystified

Gold futures refers to a deals made to trade gold at current market prices but with settlement at a future date. In other words you don't have to pay everything now nor does the seller have to deliver the gold immediately either. The date of settlement signifies the actual date when the exchange takes place and the average wait time is approximately 3 months. The goal of gold futures contracts… Continue reading