Gold price

Gold prices have posted slight losses on Friday, following sharp gains in the Thursday session. The base metal is trading at a spot price of $1262.70 an ounce in the European session. Gold initially dropped after the ECB announced new easing measures on Thursday, but recovered and posted gains after ECB head Mario Draghi stated […]

1 kilo (or kilogram) is 1,000 grams. For those familiar with the US measurement system, a one kilo gold bar weighs around 2.2 pounds. Since there are 16 ounces in a pound, we're looking at about 35 ounces of gold here! With the current price of...

On Wednesday, the spot price of gold smashed through the $1,800-an-ounce barrier, the first time that has happened since 2011. At publication time, the spot price of gold had dropped from Wednesday’s closing price of $1,809 an ounce, and it was trading at exactly $1,800 an ounce. That is still a benchmark the yellow metal has not reached in nine…

Illustration about Gold bars with dollar stamp. 3d rendered image. Illustration of heavy, gold, wealth - 27907063

Interested in buying gold? Find out what type of gold you should invest in, what to do when you’re ready to buy gold and how to avoid getting scammed.

Gold prices have been on a remarkable rally, catching the attention of investors worldwide. According to a recent report by Citigroup, the precious metal is currently basking in the limelight, with experts foreseeing a potential surge to $3,000 per ounce in the near future. The report attributes this impressive price surge to a confluence of factors, including accommodating monetary policies, inflation concerns, and geopolitical uncertainties. Gold seems to be thriving amidst a perfect…

How do you tell if gold is real, gold plated, or fake? By most international standards, anything with less than 41.7% or 10 karats of gold is considered fake. To test your jewelry or gold at home, you can perform a few easy tests–mostly...