Recent Goldco News
  • Gold’s Value as a Safe Haven Intensifies

    Gold’s Value as a Safe Haven Intensifies
    For the second straight day, Gold has repeated last week’s pattern of defying its own customary summer trading doldrums. After a precipitous sell-off that knocked the yellow metal down to $1,298, it closed Thursday at $1,320 per ounce, up $19.00 from the previous day’s close. Additional sanctions on Russia, coupled with Israel’s just announced invasion of…
  • Gold Slips Below $1,300

    Gold Slips Below $1,300
    It’s been a brutal week for gold, with prices finally stabilizing marginally below $1,300. On Monday gold dropped 2.3%, the largest one day drop in all of 2014 so far. Gold prices bounced off lows in early trading on Wednesday, up $3.44 to $1,298.07, while silver was up $0.05 to $20.72.
  • Those Lazy, Hazy, Crazy Days of Summer

    Those Lazy, Hazy, Crazy Days of Summer
    There she goes again, surprising the daylights out of investors and market watchers, dashing expectations for another sleepy summer trading season! The scorned orphan of the financial community ratcheted up to yesterday’s London fix of $1,322.50 per ounce, and became its own hard act to follow at today’s London fix of $1,343.25. As I write,…
  • Gold Steady on Demand for Bullion

    Gold Steady on Demand for Bullion
    Gold traded mostly sideways this week, with early trading Wednesday pushing prices higher by $6.10 to $1,325.10. Silver was up $0.11 to $21.12, and platinum and palladium are also trading higher.
  • Gold Powers Higher

    Gold Powers Higher
    These are strange days for the economy, as both gold and the stock market posted higher prices in the same week. In midday trading on Wednesday, gold was higher by $3.21 an ounce to $1,329.40, and silver was up $0.24 to $21.24. The surge in gold prices was matched by the stock market, powering into record…
Recent Goldco News
News Desk

Gold Rallies on Euro Bank News

Thursday, 28 June 2012
Written by
Published in Gold Investing
Gold rallied today to finish the weekend over $1,600 per ounce heading into the weekend. News that European Union banks will get some help was very interesting to most, as investors will now sit back some over the weekend and see how the yellow metal reacts to being back over the $1,600 per ounce price mark. Prices were higher overall for today and overall for the week. The most-active August… Read more...
“So what is the best way to decide whether to buy or sell? For me, the day my wife stops buying gold, that’s the end of the market.  There are no signs of this happening just yet.” -- Jeremy Charles, Global Head of Precious Metals, HSBC Read more...
Here’s an old riddle bandied about by economists: how do you teach an Economics 101 course to a parrot?  We won’t be coy and force you to play a guessing game for too long.  So here’s the quick answer:  teach the parrot to say “supply and demand.”  Read more...

Why Gold Remains a Sound Investment In 2012

Sunday, 24 June 2012
Written by
Published in From The CEO
“Paper is poverty,… it is only the ghost of money, and not money itself.” Fascinating quote, isn’t it? It’s a statement that could easily have been made by George Soros, Ron Paul or even Alan Greenspan -- gold aficionados all of them. But this particular quote hails from a much earlier source. It happens to be taken from a letter Thomas Jefferson wrote in 1788 to Colonel Edward Carrington– a… Read more...

Buy Gold in Dallas

Thursday, 07 June 2012
Written by
Published in Gold Investing
What are most investors and traders saying is the very best type of investment to make right now? The answer to that question is gold! Gold is arguably the very best investment you can make, and there has never been a better time than right now to buy gold in Dallas, Texas.So where is the best place to buy gold in Dallas? The simple answer is Goldco Direct. Goldco Direct… Read more...

Gold Prices Stabilize But Trends Still Intact

Monday, 02 December 2013
Written by
Published in Gold Investing
Gold prices bounced off their lows of the month to stabilize around the $1,248 an ounce mark, but there’s nothing to indicate commodities, including gold and silver, have found a floor. It’s probably little comfort to investors that the weakness in prices are reflected across a broad range of commodities including crude oil, gasoline, industrial metals, and food products. Read more...
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