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Paper Trading Gold – Week 28

Gold made some big moves this week. First it went up to around $990.00 per ounce, then it dropped down to about $965.00. The day after that it was back up to $980.00, followed by today’s activity, which brought the value down to $954.60. These market swings are pretty crazy. It’s taken a slight down trend over the week but, of course, it may go up again.


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This entry was posted on Friday, June 5th, 2009 at 10:31 pm and is filed under Paper Trading Gold. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “Paper Trading Gold – Week 28”

  1. Richard at Investing Tips Says:
    June 13th, 2009 at 12:07 am

    Interesting threads on paper trading gold. Did you ever end up buying gold for real? I’m fairly bullish on it and believe it has legs - the gov. can’t print as much as it has and not affect inflation. Once the banks release the funds to the “wild” gold will be a great hedge. I guess we’ll see :)

  2. Luke Says:
    July 20th, 2009 at 2:54 pm

    Useful info, nice blog, thanks.

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This is an accurate up to date monitor of the price of gold per ounce. Provided by Kitco.com

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The red line indicates the rising and falling value of gold over the course of today.