Gold Bullion Bars

Factors that Increase the Price of Gold

We are constantly hearing about the rise and fall of the price of gold. For those who have already invested in the precious metal, the rising cost can yield good news. This means that you can sell your commodity for a higher price than you bought it. It is helpful to understand some of the factors that cause an increase in the cost of the yellow metal. Then, once you buy gold you will then know when to sell it. Selling your commodity at exactly the right moment can give you a significant profit. ...

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Barrick Gold vs. Goldcorp

Back in April I wrote an interesting post asking the question Are Gold Stocks Cheap?  In that post I looked at the two leading gold producers, Barrick Gold (ABX), and Goldcorp Inc. (G). Both these multi-billion dollar companies trade on the TSX, but they are by production tonnes and profit, the world’s leading gold miners and gold producers. They generally have solid fundamentals, low debt, and pay a dividend. Like most mining companies the dividend yield is lower.  Many low dividend yield stocks ...

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Does Investing In Gold Make Sense?

The World’s largest gold bar is on display in Japan at the Toi Gold Museum . It was manufactured by the Mitsubishi Materials Corporation, and went on display at the museum in 2005. The Toi Gold Bar weighs a massive 250kg, or some 8037.686 troy ounces. At today’s current spot price of $1610.30 USD per troy ounce, the Toi Gold Bar is worth some $12.9 million dollars (USD). That is one massive currency hedge! The standard gold bar held and traded internationally by central banks and bullion dealers ...

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Gold Bullion versus Gold Producers

In a previous post, Are Gold Stocks Cheap, I looked at two of the world’s leading gold producers Barrick (ABX) and Goldcorp Inc (G).  Both of these companies trade on the TSX and are the world’s leading gold producers. In that post I examined that the price of gold bullion and the share value of gold producers are not always correlated. In fact, the price of gold producers and the price of gold are currently inversely correlated (see chart below). I covered a couple of the possible reasons why ...

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