Blog
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Record Setting Week for Gold and Silver Bullion
- April 12, 2011
- Posted by: Orkan Ozkan
- Category: News
No CommentsApril, 11, 2011, Los Angeles – Gold prices surged a record setting 3.24 percent or $46.20 to end the week higher at $1,474.30 an ounce while the price of silver gained 8.29 percent or $3.13 to finish the week at $40.90 an ounce while the Gold/Silver ratio dropped to 36.04, its lowest level in 28
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New Bill Would End Tax on Gold and Silver Coins
- April 4, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – Gold bullion prices finished the week down by a mere 0.08 percent at $1,428.10 an ounce while the price of silver finished the week higher by 1.26 percent at $37.77 an ounce and the Gold/Silver ratio fell to 37.81, its lowest in over 13 years, as silver continues to grow more expensive
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Volatile Economic Conditions Make Now the Right Time for a Gold IRA
- March 29, 2011
- Posted by: Orkan Ozkan
- Category: Gold IRA
Los Angeles, CA — Today’s negative economic and geopolitical conditions contribute to the steadily rising price of gold. For this reason, many investors have been rolling over their 401(k)s, Traditional, and Gold Roth IRAs into new gold accounts. The goal, of course, is to gain greater safety against devaluation of the U.S. dollar, a hedge
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Gold and Silver Hitting Record Highs
- March 28, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – The gold price reached a new all-time record high last week of $1,447.82 an ounce before finishing the week higher by 0.75 percent at $1,429.30 an ounce on spreading nuclear contamination in Japan and Middle East violence leading to record crude oil prices and increasing signs of inflation. The price of silver
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Gold Higher on No-Fly Zone
- March 21, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – The price of Gold rose last week gaining 0.12 percent to $1,418.70 an ounce for the week, on higher crude oil prices and escalating anti-government unrest in the Middle East and North Africa, including the no-fly zone imposed on Libya. The price of silver dropped 1.70 percent to end the week at
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Can China Corner the Gold Market?
- March 14, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – Gold bullion prices pulled back slightly last week slipping 0.77 percent to $1,417.00 an ounce after rising for five weeks in a row, on continued fighting in Libya and the threat of political unrest spreading to Saudi Arabia. The price of silver rose 0.96 percent to end the week at $35.85 an
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JP Morgan Set Medium Term Gold Target of $1,700
- March 7, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – The Gold price gained 1.42 percent to $1,428.00 an ounce for the week while the price of silver jumped by 6.60 percent to $35.51 an ounce and the Gold/Silver ratio fell to a new 13 year low of 40.21, as silver outperformed gold. The week began with the Fed Bank of New York President
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Gold Price Rises Four Straight Weeks
- February 28, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – The price of gold rose for a fourth consecutive week on Friday gaining 1.51 percent, to $1,408.00 an ounce on continuing unrest in the Middle East and North Africa, and renewed fears of rising inflation. Silver prices rose 2.46 percent, to close at $33.31 an ounce for the week. The price of
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Gold Price Higher for Third Consecutive Week
- February 21, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – The price of Gold rallied 2.32 percent to $1,387.10 an ounce to close higher for a third consecutive week as silver jumped 8.77 percent to close the week at a new 31 year high of $32.51 an ounce. The price of silver has gained 14.8 percent or $4.15 an ounce in February.
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Gold Bullion Prices Remain Well-Supported
- February 14, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – The Gold price gained 0.53 percent to $1,355.70 an ounce to close higher for a second consecutive week as silver rose 2.89 percent to close the week at $29.89 an ounce. The Gold/Silver ratio, dropped to 45.36 as silver outperformed gold. The week began with an announcement by J.P. Morgan Chase on
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