News

Los Angeles – Gold bullion prices slid to $1,368.60 an ounce on Friday as silver followed gold lower to $26.02 per ounce. The week began with Robert Zoellick, World Bank President, creating a stir on Monday when he called for a “modified global gold standard.” Zoellick suggested, "The world's monetary system should consider employing gold

Los Angeles – Gold bullion prices reached an all-time record high of $1,397.80 an ounce on Friday while the Silver price gained over 3 percent for the day and 9 percent for the week closing at $26.90 an ounce. The gold price gained 2.6 percent for the week, bringing gold's year-to-date rise to 27 percent,

Los Angeles – Gold bullion prices rallied on Friday to $1357 an ounce up nearly 2 percent for the week. Silver closed higher at $24.57 an ounce, a gain of over 6 percent for the week as JPMorgan Chase & Co. and HSBC Holdings Plc were served with lawsuits by investors accusing the two banking

Los Angeles – Following three days of volatility after China’s surprising interest rate increase on Tuesday, gold bullion prices moved to $1,328.50 an ounce on Friday while silver improved to $23.30 an ounce. The price of gold reached an all-time record high of $1,387 an ounce on the 14th of October and has gained 21

Los Angeles – Gold bullion prices ended higher for an 11th straight week after closing Friday at $1,369 an ounce and gaining 1.7 percent for the week. Silver closed at $24.34 an ounce after gaining 4.9 percent for the week and 38 percent for the year. With the price of gold moving almost vertical, investors

Los Angeles – The price of gold rose one percent to $1,345.80 an ounce on Friday for a gain of 2.1 percent for the week. Fueled by concerns over the safety of paper currencies and the outlook for major global economies, gold prices have rallied more than 20 percent this year. The price of silver

Los Angeles – The price of Gold rose to $1,315.80 an ounce, a 1.6 percent weekly gain, on Friday as silver prices rose to $22.05 an ounce, nearly 3 percent up on the week, after hitting a 30 year high at $22.15 an ounce. The week began with a record high for the price of

Los Angeles – Gold bullion prices rose to $1,299.95 an ounce on Friday as silver hit a three decade high of $21.40 an ounce. December silver is up 10.1 percent for the month and closed the week with a 2.8 percent rise, settling at $21.399. Gold, meanwhile, is up 3.8 percent this month and gained

Los Angeles – Gold bullion prices gained again on Friday reaching a record high for the third time in a week that propelled gold to its largest weekly gain since May and finishing the week at $1,274 an ounce. The price of silver hitched a ride with gold and broke the $21 an ounce mark

Los Angeles – The price of gold ended with a loss of 0.3% for the day on Friday, down just 0.4% for the week. Silver ended Friday with a loss of 0.2% at $19.91, down just 0.2% for the week. Analysts reported that any pullbacks in gold bullion prices would likely be temporary with gold