Articles Tagged "Price of gold"

Placer Gold Deposits

Lode gold is the most significant source of gold in the world; however, with the price of gold skyrocketing, other deposits have become an attractive exploration target. Placer gold mining, once a hobbyist undertaking, can be a profitable business for both individual prospectors and mining companies.

Gold Price Plummets on Japan’s Crisis

Gold fell more than $33 per ounce on the day as investors look for liquidity to raise capital in light of the Japanese disaster. The increasing fears of a full nuclear meltdown and the crash of the Japanese markets which lost 14 percent on the day, have attributed to investors seeking safe heaven currencies.

Survey Says: Investors Prefer Precious Metals

The most recent Resource Investing News biannual Investor Survey reveals that while investors remain optimistic about the long-term potential of the commodities markets, a large majority are hedging their bets on precious metals like gold and silver.