The price of silver is historically much lower than gold and the silver market is smaller than the gold market. When money moves in and out of the silver industry it causes shifts in price to be more dramatic. Higher highs and lower lows that equal opportunity. Silver is unique in comparison to gold because it has many industrial and scientific uses that go beyond just investing in bullion.
Gold Price forecast on Thursday, July, 23: price 58.75 Dollars, high 61.69, low 55.81. Gold Price forecast on Friday, July, 24: price 58.74 Dollars, high 61.68, low 55.80. Gold Price Change History. Gold has been used as the currency of choice throughout history, with the earliest known use being during 600 B.C. in Lydia (Present-day Turkey). Fast forward to 1848, gold was identified at Sutter.
After the price of gold passed the mark of 1,000 US dollars per ounce for the first time in March 2008, by the end of 2011 it had already reached 1,600 US dollars per ounce.
Gold Price Historical Data. The spot price of Gold is the current price that a raw ounce of Gold can be bought and sold for immediate delivery. The spot price fluctuates constantly, making it important to keep up to date on performance indicators such as current events and market conditions, as they affect the buying and selling of Precious Metals.
BBC News market data provides up-to-the-minute news and financial data on hundreds of global companies and their share prices, market indices, currencies, commodities and economies.
The live price of gold (aka the “Spot Price”) changes by the second. Markets around the world are buying, selling and trading gold 24 hours a day. The reason the live price of gold changes is based on several factors that can be fairly unpredictable.
The iShares Gold Trust (the 'Trust') seeks to reflect generally the performance of the price of gold. The iShares Gold Trust is not a standard ETF. The Trust is not an investment company registered under the Investment Company Act of 1940 or a commodity pool for purposes of the Commodity Exchange Act. Shares of the Trust are not subject to the same regulatory requirements as mutual funds.
Our free precious metal pricing widgets allow you to embed a chart and ticker of the price of gold, silver, platinum or palladium on your website. You can customize any of the widgets below by choosing your colors, width and other features.