Experts Predict Further Highs for Price of Gold

Gold ETFs

While gold price is not currently at its highest, analysts are sticking out of your neck in favor of the position that price of gold is still going to rise to levels currently experienced. The level of success achieved by gold cannot be easily appreciated until the $300 an ounce cost of the metal just 11 years is brought into perspective.

Inflation Debate Heats Up As Federal Agencies and Retail Giant WalMart Disagree

Federal Agencies

It appears that US inflation is finally getting the attention of federal leaders as the guest of the stage set for the toggle full of some sort on the issue. The bone of contention is between what has been called call information as against serious inflation. While federal agents believe that so-called core inflation is in check — that is excluding food and energy prices, WalMart CEO things differently as he opines that serious inflation lurks in the horizon in the months ahead. Inflation however goes on unabated as the war of words continues between government agencies and the retail giants.

Inflation Fears Spark Gold and Silver

Inflation Fears

Thursday seen the price of gold and silver stay on their upward climb a day after Federal Reserve Chairman Ben Bernanke stated that the economy is on a slow recovery and that the fears of inflation are driving investors and speculators crazy and running for cover. Gold was the biggest of the two main precious metals to respond as it went up nearly $15 to close the day at $1,538 an ounce.

Silver Price Per Ounce Reaches Record High

silver prices

Silver price per ounce has continued to rise raising concerns in many quarters while some other quarters believe this is going according to plan. According to reports on April 20 this year gold reached an all-time high of $1507.10 while silver recorded of $45.43 per ounce all-time high.