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Gold prices rise today based concerns about the possible future Irish inability to service its debt, which increased the interest for gold as a safe haven, writes Bloomberg. Gold prices fans rise after last week's U.S. Federal Reserve decision sadrukāt fans another 600 billion dollars (there is some concern about the future of the currency and higher inflation in the future, which also makes gold more attractive).
It should be noted that this year the price of gold has risen in 27%, and in the absence of any miracles fans this year will be the 10th consecutive growing the precious metal prices (something that has not happened since at least the 1920s. Annual). Today, new to the last 30 years the highest level - 28.4 U.S. dollars per ounce - the price of silver rose.
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Gold more than 5 `000 years has been stable and unchanged measure of the value of the material. Its purchasing power and is not impaired. On this page you will be able to find out what is the role of gold in today's economy and why gold bullion nowadays is becoming more and more apparent. We will try to give you the best information to help you learn about the investment industry and the global financial system.
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