Have you ever given a gold ring to your friend as a token of your true love? Gold has been the most precious metal from the dawn of civilization. It is still considered to be the ultimate currency and the ultimate store of value in times of political uncertainity. For the last ten years, the gold market is in a secular uptrend with the spot prices having recently breached the historical barrier of $1,200 per troy ounce. After that there was a retracement and the prices did come down to around $1,100 per ounce but this uptrend is expected to continue for sometime.
Posted on March 3rd, 2010 under Uncategorized. Tags: day trading, entrepreneurs, forex, forex trading, Investing, money, mutual funds, real estate, retirement, small business, stock market, stocks, trading, wealth building. Comments: None