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New Bill Would End Tax on Gold and Silver Coins
- April 4, 2011
- Posted by: Orkan Ozkan
- Category: News
No CommentsLos 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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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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Gold Records First Weekly Gain in New Year
- February 7, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – The price of gold saw its first weekly gain in the new year after climbing 1.02 percent to $1,348.60 an ounce on Friday as silver rallied almost 6 percent for the week to close at $29.05 an ounce. The Gold/Silver ratio (GSR) dropped to 46.42 as the price of silver became more expensive
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Gold Climbs on Egyptian Unrest
- January 31, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – Despite gold’s rally on Friday, the price of gold closed slightly lower, down just 0.54 percent for the week at $1,335.00 an ounce, while silver prices gained 1.75 percent for the week closing at $27.44 an ounce. The Gold/Silver ratio (GSR) fell slightly to 47.81, as silver became more expensive relative to
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