Current price of Gold

 

 

Questions and answers on the subject of owning gold.

 

As we come across questions beginners typically ask about gold, gold coins and buying gold, we write up some short answers and add them here.

 

When did the US go off the Gold Standard?

 

Should you buy new gold coins or old gold coins?

 

Which is the best home safe for storing your gold coins?

 

What kind of people are gold coin buyers?

 

How do I calculate the spot gold price per gram?

 

Where can I find gold bullion dealers I can trust?

 

Around the world, where is gold found?

 

Should I invest in gold mutual funds?

 

How does the gold scrap price influence what you get paid when you sell gold jewelry?

 

 

 

Can you buy gold bars as jewelry, or do they always come in the form of ingots?

 

What is gold used for?

 

Should you buy gold now, even if the price doesn’t look like rising?

 

What is the selling price of gold coins?

 

What is the difference between allocated and unallocated gold storage?

 

Should you store your gold in a fireproof file box or chest?

 

Whose advice should you listen to before buying or selling gold?

 

With the price of gold rising, is it still a good time to buy?

 

Which one factor most influences the price of gold?

 

 

 

What’s the real value of gold coins?

 

Is your gold safe in a bank safety deposit box? Not always.

 

Is it safer to store your gold overseas?

 

Can you own gold without actually taking delivery of the physical gold coins or bars?

 

Why is China buying gold?

 

What is the “spot gold price”, and what does it mean?

 

Should I store my gold coins or bars in a safe at home?

 

Does “buying bullion” mean the same thing as buying gold coins or bars?

 

Why isn’t the gold market price the same as the purchase price for gold coins and bars?

 

 

 

What about buying gold bars? Is that as good as buying gold coins?

 

How can I find out the price of gold today?

 

What is scrap gold, and how does it impact gold prices?

 

Will the price of gold hit $2,000 an ounce by the end of 2009?

 

Which country holds the highest gold reserves?

 

Does gold back the American dollar?

 

Does anyone really know why the price of gold rises and falls?

 

What does it mean when people buy gold for “survival purposes"?

 

What is white gold?

 

Why do gold prices go up and down so much?

 

Should I buy "non-confiscateable" gold?