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