HOW TO KNOW HOW MUCH IS GOLD WORTH

 

The Answer To How Much is Gold Worth


how much is gold worth HOW TO KNOW HOW MUCH IS GOLD WORTHIt is important to know how much is gold worth, whether you intend to buy gold jewelry or invest in gold in the stock market. Gold is favored as an asset because it provides a significantly lower risk compared to other investment, and you can liquidate your gold very quickly. Here are some ways of knowing the value of gold.

Sources of Learning How Much Is Gold Worth


Authentic jewelers are very up-to-date when it comes to understanding how much is gold worth. If you have rings, bracelets, watches, earrings or other accessories made from gold, simply go to your local certified jeweler for an evaluation of your gold items. Jewelers also buy gold items from clients at a good rate, so it is also a good way of getting cash for your items.

If you want to know how much is gold worth for the sake of purchasing gold bars or coins, or even for gold teeth, for example, the best place to check is the stock exchange rates for gold. The price is usually set per ounce, so you can calculate the price of the gold according to the quantity you need. Keep in mind that the gold prices are influenced by several factors, including oil prices, the density of the gold, hoarding practices among others.

One more method of finding out how much is gold worth is by using online gold calculators. All you need is the weight of the gold, either in grams or ounces, which is then automatically converted into karats. The value of the gold calculated according to the market price of gold at that moment. You can find a gold calculator simply by searching for one on search engines. Choose gold calculators that are developed or affiliated to the stock exchange in order to get the most accurate price for your gold.

Why You Should Know How Much Is Gold Worth


Knowing the price of your gold is most useful when it comes to selling it, in which case most people get shortchanged. Gold buyers will generally offer you a wide range of values which are usually much less than the actual value of your gold, so understand how much is gold worth and ask for fair prices.

Be wary about selling your gold online since a great majority of gold buying websites give you as low as 8%, or even less, of the actual market price for gold. Always find out the value of gold through the above methods and start with a good estimate of how much is gold worth before selling it to any type of gold buyer.

More Penny Stock News, IPO Updates and Stock Market Research.




 

 

Get HOW MUCH IS GOLD WORTH Updates from our FREE eMail List

12:45 pm | | Tags: , , , | No Comments »

INVESTING IN GOLD MUTUAL FUNDS

 

Gold Mutual Funds And Other Gold Investment Options


gold mutual funds INVESTING IN GOLD MUTUAL FUNDSIf you want to invest in gold then you have the choice between buying bullion, buying shares or investing in gold mutual funds. All of these investments are associated with gold and are somewhat affected by gold’s price performance in the market. However, each has its own drawbacks and advantages when it comes to exposing your portfolio to precious metals.

Bullion is an actual quantity of gold. When you invest in gold mutual funds this way you actually buy pieces of gold, either in the form of coins, bars or ingots. Many people prefer this method of investment because the physical presence of the gold is reassuring to them. However, gold in this form is not as easily traded as other types of gold investments.

Another way to invest in gold is through purchasing equities in companies that mine gold or explore for it. These investments are risky because they depend on the company’s fundamentals rather than the actual price of gold. However, many people enjoy the research required to determine if a company is a solid investment or not.

Gold mutual funds are a way to diversify your holdings in gold, reduce your personal financial risk and also put the hard work of research and planning into the hands of a professional. Professionals with a great deal of experience and knowledge about the gold market manage these gold mutual funds and guide them on a daily basis. They also incorporate investments which support gold indirectly without being direct investments in the substance itself.

The Qualities Of Gold Mutual Funds


Most gold mutual funds follow strict guidelines about the investments which constitute their funds. As an example, one of these gold mutual funds maintains about 65 percent of its holding either in companies that are directly involved in exploring for gold, mining it or processing the ore that these companies extract from the ground. They include in that quantity many investments in bullion.

However, the other 35 percent may come from companies that support gold production less directly, such as in the designing and engineering of equipment used in mining. They also invest in small quantities of other precious metals, such as copper, silver and platinum. This diversification prevents loss in the case of a drop in the price of bullion. The value of gold mutual funds lies in their ability to profit from more than just one sector of the gold market.

More Penny Stock News, IPO Updates and Stock Market Research.




 

 

Get GOLD MUTUAL FUNDS Updates from our FREE eMail List

1:01 pm | | Tags: , , , | No Comments »

BUYING COINS FROM BLANCHARD GOLD

 

Investing In Blanchard Gold


buying coins from blanchard gold BUYING COINS FROM BLANCHARD GOLDBlanchard Gold is one of the largest gold dealers in the United States. If you are in the process of investing in gold coins and gold bullion, you should consider the benefits of buying your gold from Blanchard Gold. The company offers a comprehensive website that is easy to navigate through for consumers who want to buy rare gold coins that hold their value. If you are looking for a hedge against today’s poor economic climate, browse the gold coins offered by Blanchard and choose Blanchard are your gold dealer of choice.

Blanchard Gold Business History


One of the primary factors you should consider when you are choosing a gold dealer is experience. Blanchard was founded in 1975 and has more than 35 years of experience in the industry. With over 85 employees and 40 account executives, the companies employees a wide staff base to service their clientele. The company has a very impressive corporate office in New Orleans and has sold coins and other rare earth metals to more than 400,000 clients.

The Blanchard Gold Customer Service Standard


There is no denying the fact that Blanchard Gold has high standards concerning the coins they buy and sell. Blanchard also has very high standards when it comes to customer service. They are waiting to service you and believe that customers should not have to wait on hold to do business with their company. All of the products sold through Blanchard are delivered through the Post Office and the packages are registered and fully insured.

How to Purchase Coins From Blanchard Gold


If you know exactly what type of coins you are looking for, like Blanchard Gold, and you have access to the Internet, you can browse the catalog online and place your order. If you prefer to talk to account specialists on the phone, you can call the company directly for advice or assistance. When you advise a customer service agent that you want to buy coins, the price will be locked in and you can make the purchase by phone. You can pay by credit card, personal check, cashier’s check, money order, or wire transfer. When you buy online, you may qualify for a “Bill Me” option.

Coin collectors and gold investors know how important it is to find a gold dealer they can trust. If you are looking for rare American Eagles or gold bullion, trust Blanchard Gold and find the metals you are looking for.

More Penny Stock News, IPO Updates and Stock Market Research.

Get BLANCHARD GOLD Updates from our FREE eMail List

7:22 pm | | Tags: , , , , | No Comments »

RVBR

 

RVBR Stock Cools Off

 
RVBR RVBRShares of Markray Corp. (RVBR.PK) opened flat on Thursday with no follow through from yesterday’s record volume. On Wednesday, RVBR announced it’s intentions of moving forward with an audit of it’s gold reserves based on higher yield per ton numbers.
 
Now while RVBR‘s latest PR might seem ruffly considering they also claim to be in the rare earth space as well. Speculative gold stocks are still on the top of many penny stocks investors lists. We have stated many times, that money can be made in pink sheets and sub penny stocks as long as they are purely viewed as trading vehicles.
 
Now if Gold prices spike again, or a rare earth stock like Molycorp (MCP:NYSE) catches a bid for a week or two, then a rising boat could lift all tides, and RVBR could be in play.
 
As of now, the recent volume has been considerably higher, RVBR traded over 430k shares yesterday. And the average 10 day volume in the shares are slightly over 101k, which is up sharply from it’s average 3 month volume of 19,982.
 

RVBR Trading Heavy Volume

 
Technically speaking, RVBR does seem to have some short term support in the .5 cent range, but the stock couldn’t break it’s resistance level of 8.5 cents yesterday. A decent trading channel might be developing, but the lack of liquidity in RVBR could keep penny stock scalpers on the sidelines.
 
So for now, keep and eye on the news flow out of RVBR and add it to your penny stock list. As you may already know, you usually don’t buy pink sheets stocks for the balance sheets or cash flows. Penny stocks still remain news and event driven.
 
Just remember that there are very few publicly traded REE stocks, so a major move in the group could cause a few eyeballs to take a peek at RVBR and other rare earth penny stock names.

More Penny Stock News, IPO Updates and Stock Market Research.

Get RVBR Updates from our FREE eMail List

1:17 pm | | Tags: , , , | No Comments »

Will Mining Penny Stocks Wake Up?

Goldman Sachs is Bullish on Gold


gold stocks Will Mining Penny Stocks Wake Up?Goldman Sachs recently came out with a bullish call on gold. Although many gold bugs and conspiracy theorists are calling for $2000 per ounce. Goldman’s $1300 target within 6 months should still be positive for gold stocks. Mainly because there are only four or five Wall St. firms that have the ability to change short term investor sentiment. For obvious reasons the boys at GS fall into that elite category.

The nine page report by Goldman states that gold is oversold and could benefit from quantitive easing. This potentially makes gold the main market moving catalyst again. Recently, oil has taken over as a guide to S&P 500 movement. The $80 level on oil has been a gauge for many traders decisions on whether to go long or short.

Gold going higher potentially offer penny stock traders multiple opportunities to make short term gains on the OTCBB. The price of the yellow metal can influence penny stock prices like no other commodity, mainly because of the large presence of mining stocks on the OTCBB and Pink Sheets.

For instance, Goldman also recently made a bullish call on coal stocks despite outperforming the market so far this year. They highlighted Peabody Energy (NYSE:BTU) and Massey Energy (NYSE:MEE) and a few others. Did this influence penny stocks ?
Not really, there may have been a stray recommendation here or there by a penny stock news letter, but there were no huge gainers to speak of.

This is because nothing attracts penny stock and microcap buyers like rising gold. The key is where to find these stocks that can potentially create massive gains. At this point a watch list should be put together and in addition to buying a large cap name in the gold space there is always room for a speculative name too. So stay tuned for a potential release of a gold stock from us. Hopefully we can ride the coat tails of the most prestigious firm on Wall St.


 

1:51 pm | | Tags: , | No Comments »