Petaquilla

Petaquilla – News, Gold heads for a Record High

Petaquilla – News, Gold continues higher as equity traders monitor the Dow Jones Industrial average

Aug 26, 2010

Gold prices are closer to an all-time high despite a relatively strong dollar. One ounce of gold currently goes for $1,236 in early evening New York trade. (Aug 25)

Gold closed Tuesday at $1,230.40 after a Monday close of $1,225.90. At one point in early morning New York NYMEX trade Tuesday, gold traded as low as $1,210.

The current market for aggressive gold traders is a record high of $1,261 reached in late June. A break of this level would probably produce a run up toward $1,300, a price most have forecasted to arrive at some point in the remaining months of 2010.

Gold continues higher as equity traders monitor the Dow Jones Industrial average, which is trying to maintain the 10,000 plateau.

The price of gold has been moving steadily higher since finishing a moderate pullback in July of $1155. A call for $1300 an ounce of gold has been on going for some time now.

Petaquilla – Article, Investing in Gold Coins

Investors are now considering gold coins, such as those sold by Petaquilla, an attractive investment

As investors wonder about their governments and their paper money, they’re finding metals to be a safe investment. Gold, silver, and platinum are becoming natural assets for both professional investors and common people who just want to make sure they don’t get trampled by the global political-economic machine.

More investors are now considering gold coins, such as those sold by Petaquilla Gold, an attractive investment option and a means to hedge their investment against inflation.  The stock market and banking system has shown that it is not a totally dependable means of storing value or securing investments, and so investors are turning to gold as a means of storing value.

Contact Petaquilla Gold through the site or your broker.