Have you been watching the market and are worried about buying gold ? or are you worried about selling gold ? either way you are in luck. gold has gone up and broke through the threshold of $1300 where it was stuck for a few months.
Finally, gold prices smashed through the key resistance level of $1300 an ounce on Monday a few days after Federal Reserve Chairman Ben Bernanke assured investors that the central bank will not be pulling back on its quantitative easing too soon and only if there was a decisive improvement in the economy and labour market. Gold’s price has slumped to a multi-year low over the course of 2013, tumbling from $1,796 to as low as $1,180 recently, down around a third in value. But, in the last few weeks the price of gold has rebounded from recent lows and seems to be building solid support due to the strong demand for the physical metal.
This increase is good for the consumer as the value of the gold they are purchasing is much higher than it was, and for the seller, you will be getting more money for your gold. as it is important to watch the gold price especially if you want to sell your merchandise, it is important to know the value of a piece you will be buying. if the gold price seems a little low, look at platinum. Platinum holds a higher value than gold, which is what you may be looking for.