Gold prices in the world today

Today, you are the gold trade in many markets in the world. In all the time day and night, and is determined world gold prices in the most important markets in all gold markets. Are undoubtedly the London market and the New York market.

Gold Market in London, England, is one of the oldest markets in the world gold trade. Since 1919 the price of gold is set in London of "install went to London" and then been circulated price worldwide. On this day the price of gold is installed at 10:30 am and 3 pm. Are dealing with these prices as official rates by central banks and even sellers and buyers.

As for the New York market in the United States is second only to the London market and are the gold trade throughout the day. It is noted in this market size gold leaf deals such as futures contracts that are traded on the stock exchange.

Despite the importance of both markets are mentioned at the top but it is not the only significant gold markets. There is a Sydney market, Zurich, Tokyo, Hong Kong and elsewhere. For this reason gold is trading 24 hours a day.

There are various forms of investment in gold and all of them have disadvantages and advantages and levels of seriousness.

 

 

the gold price in egypt today

Gold prices today in Egypt Egyptian pound (EGP) daily analysis of gold prices in Egypt today in Egyptian pounds. Following report offers you the average prices of gold in grams, ounce, kilo, gold and the pound in Egypt different bullets (24,22,21,18,14,10) and all weights.

In addition to gold prices today in Egypt includes the following report historical gold prices in Egypt Egyptian pound (EGP) and also keeps you abreast of the latest news and events that affect the price of gold in Egypt.
Gold prices in egypt (EGP)

gold price in 2014

Gold Price 2014 – How will the price of gold develop in the coming years?

January 06, 2013

In this millennium, the price of gold has risen sharply. So far, the trend is continuing with fluctuations. How will the price of gold, however, develop in 2014 and in the following years? We try to look into the future.

The past development of the price of gold

The gold price has risen in the past decade from 277 U.S. dollars (311 euros) at the beginning of 2002 to more than 1,000 US$ and up to a level of currently (beginning of January 2014) 1,648 U.S. dollars per ounce. The price of gold has therefore grown by over 500%. Thus, the price of gold has increased more than sixfold during this period.

gold 2013

Review of Gold in 2012

The gold price started into the year 2012 at US dollars 1,531 per ounce. Over the full year 2011 the price of gold had increased by nearly 9% despite the two dips in September and November/ December. This made 2011 the tenth consecutive year in which the gold price increased.

By December 31st, 2012 the gold price has further increased – amid high volatility – to roughly US dollars 1,657, i.e. by more than 8% from the beginning of 2012. In euro terms the price increase was nearly 6% over the same period.

Drivers of the gold price

The gold price is – as the price of any commodity – driven by the basic laws of supply and demand. The demand for gold falls into four sectors: The official sector, i.e. central banks, jewellery, technology, i.e. industrial and dental sectors, and private investment.

In 2010 the central banks have developed from net sellers to net buyers of gold, driven by a decrease of sales from developed countries and an increase in buying activity from developing countries. Given the low percentage of central banks asset allocation into gold in emerging countries like China (2% versus about 70% in countries like the United States, Germany and France), there is a solid chance that the official sector will continue to be a net buyer of gold in 2013 and even beyond 2013.

Over the last decade jewellery demand for gold decreased in relation to demand from other sectors, mainly the investment sector. High gold prices and economic uncertainties will likely keep gold demand from jewellery moderate in 2013.

Gold demand for industrial purposes and dental uses accounted for just about 10% of total gold demand in 2011. As for jewellery demand, high prices and potentially low/volatile growth will likely dampen demand for gold for industrial uses in 2013.

Besides jewellery, the demand from the investment sector accounts for more than 40% of total demand. Amidst the money and debt creation by major economies and following the financial crisis, which started in 2007, the demand for gold as an investment reached record highs in 2011. While during the previous gold price peak in the second quarter of 2010 the demand came nearly in equal parts from gold securities like Gold ETF and physical gold in the form of bars and coins, this changed during the latest peak in the third quarter 2011, when nearly 80% of investment demand flowed into physical gold, e.g., in the form of professionally vaulted gold. This indicates that safety is a major concern for gold investors, who usually view physical gold or vaulted gold as more safe than so called ‘paper gold’ (see our comparison of different forms of gold investment).

The second important driver of the gold price in addition to the demand factors is the supply side. The supply of gold is composed of mine supply, i.e. gold production, and gold recycling.

all information on gold 2013

Gold price forecasts 2013

For the fourth quarter of 2013 analysts surveyed by Bloomberg in November 2012 forecasted a level of US dollars 1,925.- per ounce of gold.

The bullion bank ScotiaMocatta forecasts a rising gold price in 2013 and would not be surprised to see a gold price above US$ 2,200.- per troy ounce of gold.

The French Bank BNP Paribas estimated in November 2012 gold to reach US dollars 1,675 per ounce in 2012 and US dollars 1,865 per ounce in 2013. On the other hand, Thomson Reuters GFMS expects the peak of the gold price for end of 2012 or beginning of 2013 and a following decrease in the price of gold from 2013 on. In November 2012, members of the London Bullion Market Association forecast a gold price of US dollars 1,843.- by September 2013. The global bank HSBC predicts a very similar gold price of 1,850 US dollars per ounce of gold in 2013.

The CEO of the largest US gold mining company Newmont Mining estimates that the price of gold in 2013 may increase to US dollars 2,550.

In November 2012, Deutsche Bank updated its forecast on the gold price to US$ 2,000.- by next year, i.e. 2013. Credit Suisse expects a gold price of US$ 1,840.- in 2013, while in October 2012 private bank Coutts predicted gold prices to reach US$ 2,000.- in the coming months.

Outlook on Gold 2013 and beyond

The diversity of analyst predictions with regard to the gold price in 2013 and the following years mirrors the uncertainties in the global markets.

An interesting fact about gold is that it often performs well in scenarios of deflation (for instance driven by global debt reductions) but also in scenarios with higher than usual inflation rates (which could potentially occur as public debt level increases further).

Gold therefore tends to perform positively in times of economic uncertainties as well as in acute crises. Unfortunately, the global financial problems are not yet sorted out. Some credible commentators expect several more years of uncertainty and painful deleveraging, which could end only when we are approaching the next decade.

Thus, in the foreseeable future a moderate allocation to gold will remain the imperative for many investors and could result in a positive trend of the gold price 2013 and beyond. Portfolio diversification, i.e. the allocation of funds to different asset classes and investments, should remain an imperative for safety-orientated investors over the coming years.

the gold formed

Gold is not formed, gold is an inert element and as such is almost always found in its elemental form. I assume you are referring to how gold deposits are formed on a geological time scale.

Well here something from wikipedia to get you started (this is to get you started you should do further reading as wikipedia is not a reliable source):

"Gold deposits are formed via a very wide variety of geological processes. Deposits are classified as primary, alluvial or placer deposits, or residual or laterite deposits. Often a deposit will contain a mixture of all three types of ore.

Plate tectonics is the underlying mechanism for generating gold deposits. The majority of primary gold deposits fall into two main categories: lode gold deposits or intrusion-related deposits.

Lode gold deposits are generally high-grade, thin, vein and fault hosted. They are comprised primarily of quartz veins also known as lodes or reefs, which contain either native gold or gold sulfides and tellurides. Lode gold deposits are usually hosted in basalt or in sediments known as turbidite, although when in faults, they may occupy intrusive igneous rocks such as granite.

Lode-gold deposits are intimately associated with orogeny and other plate collision events within geologic history. Most lode gold deposits sourced from metamorphic rocks because it is thought that the majority are formed by dehydration of basalt during metamorphism. The gold is transported up faults by hydrothermal waters and deposited when the water cools too much to retain gold in solution.

Intrusive related gold (Lang & Baker, 2001) is generally hosted in granites, porphyry or rarely dikes. Intrusive related gold usually also contains copper, and is often associated with tin and tungsten, and rarely molybdenum, antimony and uranium. Intrusive-related gold deposits rely on gold existing in the fluids associated with the magma (White, 2001), and the inevitable discharge of these hydrothermal fluids into the wall-rocks (Lowenstern, 2001). Skarn deposits are another manifestation of intrusive-related deposits.

Placer deposits are sourced from pre-existing gold deposits and are secondary deposits. Placer deposits are formed by alluvial processes within rivers, streams and on beaches. Placer gold deposits form via gravity, with the density of gold causing it to sink into trap sites within the river bed, or where water velocity drops, such as bends in rivers and behind boulders. Often placer deposits are found within sedimentary rocks and can be billions of years old, for instance the Witwatersrand deposits in South Africa. Sedimentary placer deposits are known as 'leads' or 'deep leads'.

Placer deposits are often worked by fossicking, and panning for gold is a popular pastime.

Laterite gold deposits are formed from pre-existing gold deposits (including some placer deposits) during prolonged weathering of the bedrock. Gold is deposited within iron oxides in the weathered rock or regolith, and may be further enriched by reworking by erosion. Some laterite deposits are formed by wind erosion of the bedrock leaving a residuum of native gold metal at surface.

The oldest gold prospectors..

'Pharaohs' first gold Naqboa in history where they discovered «120» mine in the Eastern Desert

The ancient Egyptians of the most brilliant of gold Naqboa, Fajlfoa 120 gold mine in the Eastern Desert extending to Sudan, and still impacts and gold jewelery attest to the ingenuity and skill of the ancient Egyptians in the exploration and the search for gold.
The Egyptians used gold at the time as a means for personal decoration only, not as a currency although the kings of strains from fourth to sixth used some gold coins, and despite technological development in which we live today did not reach a to any mine did not reach the hands of the Pharaohs until now.
The Pharaohs are the ones who reached the roads for gold operations, ranging from search to recovery, studies failed to demonstrate that they have imported any type or amount of gold, so they put their hands on each gold stock Egypt.
A study conducted since the eighties indicate that gold exists in three styles basic repeated in mines different, and these patterns involved in it are rocks Ultramafic, a rock high proportion of minerals containing elements Mafany, such as iron, magnesium, and because the metal ultramafic be the melting point high, these rocks crystallized from magma, first, before they lose a lot of elements of magnesium and iron.
And snatch the gold from the rock and then re-deposited in the form of veins, as well as the presence of gold in sediments surrounding valleys mines in the form of gestures, it was the first extraction of gold in the era of the ancient Egyptians, of these deposits is easy to operate and extraction, then turned then to the veins Originally found in mountains.
Numerous scientific studies which confirm that the quantities of waste resulting from the mines of the Pharaohs, calling for the re-evaluation of the remaining gold, indicating that it can extract gold from them now because they are still very rich Baltbr and this precious metal.
She also noted recent studies that there may be a lot of gold in the Eastern Desert, did not reach him Pharaohs, on some deep down mines pharaohs, which requires work studies to explore the feasibility of these new patterns on the rear, it represents one of the most buried treasures, especially since many geologists consider appropriate geological environment for gold in Central and South Eastern Desert is part of the circle of gold, which includes Sudan's north-western Saudi Arabia, including the Red Sea.