Gold prices have risen from £190 to nearly £900 per ounce since 2000. More and more people are buying gold which is driving up the price. Julian D W Phillips is a gold forecaster for US firm Global Watch and in his latest article he argues that there are three types of gold investor, which we will summarise here. 1. Profiteer: The first type of gold investor wants to buy gold at a ... More...

Gold is trusted internationally by people who buy gold and by governments. Gold can be trusted and does not deteriorate or lose its value. Gold is not under the control of any particular government. Some people argue that the current bullish gold market will be followed by a bear market but investors and forecasters argue that the appeal of gold is undiminished and will always buy gold as mone... More...

This weekend Gold Made Simple attended the GEM Appeal Winter Ball at Lancashire County Cricket Ground to help raise funds for children with genetic and metabolic disorders. The GEM Appeal was launched in 1994 by parents of children with genetic disorders and medical professionals to raise funds for the Biomedical Genetics Unit at Royal Manchester’s Children’s Hospital. The blac... More...

The Sunday Times reports that gold is one of “the best financial gifts to buy children this Christmas.” The article also considered savings accounts, investments, pensions and Premium Bonds and felt, on balance, that gold was equivocally beneficial. The article notes that 50 per cent more people buy gold coins these last three months compared to the same period last year. Silver co... More...

As Christmas shopping gets under way in the US, a specialist news service for consumers is advising gold coins as a good investment. Daily Shopper News suggests that American Eagle gold coins make good presents for Christmas. The two main types of American Eagle gold coins available are proofs and bullion. The main difference between them is their appearance. Proofs have a highly glossed finish a... More...

The Daily Mail reports that Ed Vaizey, the UK culture minister, caused a "panic" at the British Museum when he handled an ancient gold bracelet without gloves. The Daily Mail suggested that Ed Vaizey picked up the 3,000-year-old Bronze Age relic with his bare hands and was promptly told off "like a naughty school boy" by staff. He was told "you can't pick it up you've ... More...

Silver prices fell further by Rs 150 to Rs 42,150 per kg on sustained selling by stockists influenced by a weakening global trend while gold held steady in limited deals. Gold of 99.9 and 99.5 per cent purity remained steady at Rs 20,700 and Rs 20,580 per ten gram, respectively, in restricted buying at existing higher levels. However,Sovereign lacked necessary support and shed Rs 100 to Rs 16,... More...

The ancient and rare gold necklace was discovered in a field near Newark and is currently on display at London’s British Museum reports the BBC. Commonly known as the “Newark Torc” the necklace is a combination of gold and silver and valued at over £350,000. The rare relic was discovered by amateur treasure hunter Maurice Richardson back in 2005. Newark and Sherwood Dis... More...

Government has cut the budget for the body that looks after discoveries of gold in the UK made by the public. The Portable Antiquities Scheme faces funding cuts of 15 per cent reports the Daily Telegraph. If enough capital cannot be raised to buy British finds, foreign investors could win out and buy gold treasures and take them overseas. The director of the British Museum, Neil MacGregor ... More...

Local gold extended losses for a second day on Thrusday from their near-record rally tracking overseas markets and a marginally stronger rupee, prompting local traders to stock for the ongoing wedding season in the world's largest market for bullion. "There are buyers even today, they are booking in small quantities at $1,370 (an ounce)," said a dealer with a state-run bullion import... More...