Bullion Investing & Portfolios

gold bullion

Precious metal in a bulk form is known as bullion - the defining attribute being that it is valued by its purity and weight, rather than a given face value as a monetary unit. Bullion metals can be minted to coin, or cast to ingots.

Bullion investment is another facet to consider adding to your portfolio - it has an intrinsic interest, and you can afford to relax a bit compared with stocks, in that the market tends to be long-term - although with occasional flurries, especially if you're old enough to remember what happened in the early 80's.

Supply and Demand

The market price of any bullion metal, although some more than others, is subject to two factors - industrial needs/demand and so-called store of value demands.

It's the balance and interplay of these two factors that causes movement in the market - and it's the accurate analysis and prediction of these that allows a trader to take up an advantageous position.

Artie Meehan
BullionFinances.com

Historical Fixs

LGSFix - 26 Aug 08

Searchable Indices: London Gold and Silver Fix - 26 08 2008

Gold AM US Dollar $0
Gold AM Sterling £0
Gold AM Euro €0
Gold PM US Dollar $0
Gold PM Sterling £0
Gold PM Euro €0
Silver cents 0
Silver pence 0
Silver Euro 0

LGSFix - 23 Aug 08

LGSFix - 22 Aug 08

LGSFix - 21 Aug 08

LGSFix - 20 Aug 08

LGSFix - 19 Aug 08

LGSFix - 16 Aug 08

LGSFix - 15 Aug 08

LGSFix - 14 Aug 08

LGSFix - 13 Aug 08

News

Gold ready to move

According to Reuters - and completely anecdotally - gold is going to hang in there at $850 to $900 for the foreseeable.

The gold spot rose by over 1% in the London Friday morning session on Friday, regaining its last week’s closing level - $888 per oz

European stock markets remained static, while corn prices achieved new highs with news of poor weather and flooding in the Mid-West.

With the US$ remaining weak, there’s a possibility for gold to move higher in the near to middle term.

On the forex markets today, the Euro maintained its gains, hovering at $1.56 in spite of news that the industrial output of Germany fell by .8% in April from the previous month.


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