The yellow precious metal, used in jewelry, and as money, as well as in the industry and medicine.
Questions tagged [gold]
144 questions
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Why does gold have value?
I'm curious about why is there so much financial interest and news coverage about gold.
It's hard to do things like buy food or pay the rent with gold, but I can do this with cash. Gold doesn't yield income like bonds. When I buy a corporate stock,…
Stefan Lasiewski
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What does "gold reserves" on a gold mining company's balance sheet mean?
From a Reuters article:
On Wednesday, [Newmont Mining Corp] reported gold reserves of 68.5 million ounces for 2017, unchanged from 2016, as it replaced reserves through exploration, projects, revisions and acquisitions.
68,500,000 ounces divided…
Ms Jackson
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Storing gold and silver
Apart from midnight-gardening, what are some of the truly safe and cost-effective storage methods for gold and silver bullion?
This is for core bullion with no numismatic value. I am looking specifically for bullion storage so any suggestions…
SR10N
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Does gold's value decrease over time due to the fact that it is being continuously mined?
As one can see here ( How fast does the available amount of gold in the world increase due to mining? ), available amount of gold is increasing.
That sounds similar to printing more money. I suppose demand is growing even more right now, but is it…
Enno Shioji
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Is physical gold inflation-proof?
I always assumed that physical gold is inflation-proof, but my advisor at my bank claimed it is not — unfortunately without going into details. Now I wonder what he meant.
My assumption was: If I buy gold now for $100 and that inflation reduces the…
Demento
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Why did gold prices drop in 1981?
Anyone know why gold prices drop by $400 an ounce in 1981?
http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx
jspooner
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How can I invest in gold without taking physical possession?
I want to buy gold but I do not want to physically store it. I just want to invest in the price of gold. Where can I buy electronic gold certificates? Something like putting money in the bank but instead of dollars, I'm depositing gold, for example.…
user4951
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Until about 1800, why did gold have any perceived value?
Related to this previous question, and this one, what gave gold value prior to "modern" uses?
Until its application in EM shielding, electrical connectors, etc, it seems that gold was merely something pretty to look at (a.k.a. "shiny rock syndrome")…
warren
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How do you measure the value of gold?
With stocks in a company, when you do valuations, you can look at things like how much profit the company has made, or how much dividends it gives back, in order to get values with Price Earning ratios, which you can base your valuation on.
With…
Joe.E
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Relationship between silver and gold prices historically
Can anyone tell me, or point me to documentation that shows the historic relationship between gold and silver prices? Or, better yet, can anyone point me to a source that shows monthly or weekly gold and silver prices for perhaps the last 50-75…
Randy Minder
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What is the best way to invest in gold as a hedge against inflation without having to hold physical gold?
What is the best way to invest in gold as a hedge against inflation without having to hold physical gold? Is it possible for a regular person to just purchase shares in GLD?
D R
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If I have some old gold jewellery, is it worth it to sell it for its melt value?
TV, radio, and print ads make it look easy to get cash for gold jewellery. But, really, is it worth it to sell jewellery for its melt value or is there a better alternative? Do places that offer to buy gold for cash even come close to its market…
bms2
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If I were to store gold for an Internet-less dystopian future, what form should it have? Is this actually done?
Let's say I buy a 1 kg gold bar right now for 1 Bitcoin. I put it in my safe. Then the entire "modern world" collapses the next day, and I have to defend my home and my few valuable pieces of property in this new world... And there's my 1 kg gold…
Jerauld B.
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Where can I sell some gold ounce bars I own, without getting screwed?
I have some gold ounce bars that I'd like to sell while the price is high, but I don't know where to sell the gold. I've Google'd around, but there seems to be a lot of shady places out there.
So my question is, where can I sell the gold and know…
Ryan
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Pros/cons for buying gold vs. saving money in an interest-based account?
Over the years, I have noticed a certain pattern when it comes to money and gold.
For example, my father bought a house 30 years ago for $20,000, and today that house is worth $200,000. If my father did not buy the house 30 years ago, and just…
oshirowanen
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