Friday, October 1, 2010

Gold hits a new high - US$1316 an ounce and rising

Just as I'm writing this, gold price has hit US$1316 an ounce! And no doubt, it is still moving up. Gold has been for centuries been valued as a means of trade and as a hedge against inflation and/or a financial crisis. Gold protects wealth and preserves purchasing power.

If you look at the 5-year chart below, you would see that gold was at less than US$500 an ounce in 2005 and today gold is at US$1316, approaching 300% increase!
Gold can be purchased in the form of gold coins or gold bullion. If you are in the market to buy gold, Regal Gold Coins offers only the most internationally recognized gold to include Swiss gold, Gold Sovereign, Chinese gold, Austrian gold, French gold, Mexican gold, Canadian gold coins, American Eagle gold coins, Buffalo gold coin, Gold Proof Coins, Gold Proof Sets and the Krugerrand.

Regal Gold Coins has over 50 years of combined experience in the precious metals investment industry. If you are looking into buying gold or silver either in coin or bullion, or other precious metals and taking physical possession of them or setting up a retirement program through a Gold IRA, their gold investment specialist will be able to assist you. The video below will provide you with a better understanding of investment in gold in a Retirement program.

3 comments:

  1. Wow...so you are really rich now! :D

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  2. hmmm, you seem to be very concern abut the gold price yeah?? i must suspect you are having TONS of gold with you~~ :p

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  3. Tekkaus, SK, I wish. LOL!

    ReplyDelete