Spot Gold investor information

The current price of Spot Gold and Silver changes minute by minute. Over the last 5 years, gold has outstripped property, stocks or any other kind of investment. With today’s advance, the spot gold price reached its best level since February 29th and extended its year-to-date gain to 11.2%.

The spot gold price surged high on Friday after the monthly U.S. jobs report came in below expectations and raised expectations for a third round of quantitative easing (QE3) by the Federal Reserve.

Precious Metals Great Week As Silver Makes a Big Close.
Right now silver is at a point where it could very well be overbought at the present time, and it’s also reaching a level in price in which you cn expect traders to begin taking profits. This is especially true if any good news shows up at all.

The next few weeks of trading are going to rely strictly on headlines at this point, and depending on how the headlines go will definitely play a major part in which direction the price of silver goes.
Precious metals do not depreciate, unlike housing or any other investment that looses value over time.

The price of spot gold jumped as much as $37.21 or 2.2% to $1,788.21 per ounce following the employment data, while the U.S Dollar Index fell 0.9% to 80.338.

Spot Gold breaks $1700 and leads Fed/ECB balance sheets higher on expectations of more printing. Spot Gold prices stayed within a $9 range a day after testing the $1,700 an ounce level. With just over 100,000 lots changing hands, volume was less than half the 30-and 250-day averages and close to a third of Tuesday’s heavy.