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Archive for the ‘gold market’ Category

How to calculate the value of gold in the market or How To Calculate Your Own Gold Price before selling it?

best website is. useful graphs and current gold prices when u want to sell.

http://www.goldprice.org/

I haven’t seen any places that pay for gold at market prices or close to it. I was wondering if a place like that exists? Also, if it’s not in oz bars is there any way to get close to market price for 24K gold jewelry?

It IS possible to sell gold close to market prices if you do your homework first and understand what your gold is worth. Personally, I’ve sold gold at or above spot on Ebay. I’ve also found buyers at my local flea markets that will pay spot or close to it. If you don’t sell on Ebay or visit flea markets, a reputable refinery may be your next best bet for selling your gold. If you’d like more in-depth information, I’ve recently launched a new website educating people about selling their gold and how to receive a fair price for it. It covers topics such as testing, weighing, and pricing gold, where to sell it, when to sell it and what NOT to sell. It also covers gold coins, gold teeth, scrap silver, platinum, diamonds and gemstones. Also gold market reports. http://www.how-to-sell-your-gold.com. I notice from reading a lot blogs and forums that people don’t know how to go about selling their gold, and that’s why I created it!

You may want to use the current actual price of gold, which is available in the business section of many news papers or on the World Wide Web.

It kind of depends on how much real gold is in the class ring - which you don’t state. Most class rings are mostly made of more inexpensive materials - there might be a little real gold, but not much.

Seems like a Gold Bubble is happening. Gold is 5 times the price it used to be years ago…

The price of gold is valued in dollars. The price of gold has not risen 500%, the value of the dollar has fallen 500%. It’s actually much worse than that.

You are not going to find any double eagles in circulation, because of Gresham’s Law.
But you can read about them here and see I am not making this up:

http://en.wikipedia.org/wiki/Double_Eagle

The double eagle contains .96 ounce of gold, and is face valued at $20. Now an ounce of gold sells for approximately $1100, which is 5500% higher. Is this gold’s fault?

I wish I had more dollars, I’d like to buy more gold.

Grandpa

I have a friend who lives in ghana, and he thinks that he will not get the current market price for his gold there

gold prices are internationally set so you should get about the same rate in any country, the main difference will be the jewellers charges. He should take it to several different stores to find the best price

It seems that there is a lot of advertising for gold on Fox News and conservative talk radio. Are conservative investors getting ready to try to sell the gold, in order to make a killing?

it is sponsored by those who want to sabotage recovery packages around the world
Gold rush would fuel inflation and again contraction

I know spot price in India for gold today is Rs 13,000 per 10 grams but I am not sure about the market price. Can any one tell me how much more the market price would normally be? That is, if I wanted to buy gold from a jeweller, how much would 10 grams cost me? Thanks.

It is changing daily. When ever you shall go to market you can get the current price from the shop. Or you can confirm it from 2-3 shops. If going to a branded shop like Tata’s Tanishk etc. then you can faith on them.

prince jewellers and other have introduced various plans to purchase gold at any time in low market rate i.e by paying only minimum amount and rest in installments for period upto 24 months can v trust these gold institutions

Whichever way you buy something, in order for it to be profitable its value must move in the way you predict. Who are EMI and who is buying or selling to whom? Are they making money on the financing method?

how to earn from gold market ???

SHORT GOLD.
LONG DOLLAR.
SHORT EURO.

it’s already happening, and watch it become more pronounced in the days and months to come.

did the value go up down? how much? ect.

Actually the value of gold stays pretty constant. When there is inflation, the price of gold goes up, but the relative value of the Gold is actually decreased (because it takes more dollars to buy the same amount).

Gold is a good thing to buy right now because the price of gold will skyrocket as we move into "hyper inflation" next year. When ever you have Democrats controlling the White House, The senate, and the House, there is always high taxes, unemployment and inflation.

I am assuming that Obama will probably be elected, but, even if McCain is elected, the government spending binge for the "bail out"will force the price of gold up too. Either way, you are going to make money on owning Gold. by the way, the gold coins they advertise on TV are not the same as the Gold we are talking about. Don’t buy into that unless you just like shiny things, Those coins will not make you real money.

Hope this helps.