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The spot price of gold closed Tuesday at just over $2,514 per Troy ounce — the standard for measuring precious metals, which is equivalent to 31 grams. That would make a gold bar or brick ...
Spot gold also rose to a new high north of $2,690 per ounce. Year to date, gold is up more than 30%, beating out the S&P 500’s gain of 22% and making it one of the best-performing commodities of ...
Monex Precious Metals is a United States bullion dealer that buys and sells precious metals to retail clients headquartered in Newport Beach, California. The company offers Gold , Silver , Platinum and Palladium coins, bars, bullion rounds, collectibles and other numismatics products from various mints around the world.
On 21 January 1980 the gold fixing reached the price of $850, a figure not surpassed until 3 January 2008 when a new record of $865.35 per troy ounce was set in the a.m. fixing. However, when indexed for inflation, the 1980 high corresponds to a price of $2,305.18 in 2011 dollars, [ 3 ] thus the 1980 record still holds in real terms .
The firm's analysts lowered their year-end price target for the metal to $2,910 an ounce and pushed their $3,000 per ounce target from the end of the year to mid-2026, citing a slower pace of rate ...
“If gold can go from $20 an ounce to $2,600 an ounce, it can go from $2,600 to $26,000, or to $100,000,” he stated. At today’s prices, a climb to $100,000 would represent an impressive ...
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