Monday 29 December 2014
Friday 26 December 2014
Gold Price had Roller Coaster Year (2014)
It does not happen often and since 1998 the price of gold
is likely to fall for 2nd year in a row. At beginning of 2014, Gold
was around $1,201 an ounce and it will be trading below that mark by the end of
year. At time of publishing this article gold is trading around $1185 an ounce,
which is below from where it started.
The good sign is U.S economy is strengthening and
analysts are seeing this as the reason for fall in gold price. At one point in
2014 gold was near $1400 an ounce so it was not a flat year but price
fluctuation happened often and we term it as Roller Coaster.
It has not been very bad year for gold when we compare it
with 2013 when we saw around 28% decline in gold price. It was a sharp decline
and that to first time since beginning its bull run in 2000.
Going by predictions for next year they are coming in as
mixed ones, most of them saying it will stay flat or have modest gain.
Predictions are even going round that gold will have dramatic fall, possibly
fall even lower than $1000 an ounce. We will wait and watch and keep you all
updated.
Happy Gold Buying
Tuesday 16 December 2014
Wednesday 3 December 2014
Get Cash this Christmas, Sell your old Gold!
Christmas is no surprise, there is a date for
your diary to be marked – it’s December 25th every year. Being
prepared is utmost important. WHY do we say so, Count
all the costs:
- Gifts for children, family, friends
- Christmas cards
- Decorations
- Extra clothes
- Extra food and beverages
- And much more list can be long…..
It’s not just the three wise men who are interested in
gold at Christmas. If you’ve unwanted gold lying around you can sell it. Broken
Jewelry, Jewelry that you have not worn in long time or the ones that do not
have emotional attachment and you are ok to let it go. This will be good source
to make extra cash that will be most useful during holiday shopping.
Why choose us http://www.mmjewelersbirmingham.com/we-buy-gold.asp
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