Entries Tagged 'Gold prices' ↓

Gold was set for its largest daily rise in a week on Thursday June 18th, as a combination of concern over the impact of the euro zone debt crisis and less than positive U.S. data encouraged a fresh sweep into safe-haven assets. European ministers jointly backed the publication of so-called bank “stress tests,” which drove the [...]

The ever growing question why are the prices of gold so high? why are the prices of gold so much more than silver? For a long time, the ratio was set by fiat at 15.5-to-1, meaning that one troy ounce of gold would buy 15.5 ounces of silver. If those laws were still followed today, silver would be trading [...]