Along with gold comes the traditional means of
investing which includes investing in bullion, coins, and mining stocks.
People invest in gold for a variety of reasons, particularly to
counteract the uncertainty of paper money.
Gold continues to play a key role as a reserve asset.
Many professional analysts believe that the values seen today
represent merely the beginning of an ongoing, upward trend for gold
prices. The following
chart showing $550 per ounce is already outdated.
Gold hit $588 per ounce on April 4, 2006.
Click here for the latest prices and point at the “live charts”
for New York Gold:
In 2004, the price of silver increased by six percent
and it continues to increase today. Every
year since 1990, demand for silver has exceeded the supply, pushing the
price for the precious metal increasingly higher. The same comment as to the price of silver rising applies
here. Press the Kitco link to
see current prices.