Will the price of gold continue to go up?

July 23rd, 2009 | by admin |
Benjamin Franklin asked:


I was wondering if anyone could make an educated prediction on weather or not the price of gold will continue to go up? If so can someone please state why and please only respond with serious answers. Remember that the best answer is worth 10 points. Thanks to everyone in advance for serious replies.

madge
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  1. 10 Responses to “Will the price of gold continue to go up?”

  2. By reader on Jul 23, 2009 | Reply

    For now but surely it will wither stay at its rate for now but surely it will wither stay at its rate for now.

  3. By ed_man118 on Jul 27, 2009 | Reply

    The amount of people who want gold continues to increase by the laws of people who want gold will keep.
    The laws of supply and demand the laws of people who want gold will keep increasing.
    The price of gold on earth doesnt go up that much the price of gold on earth doesnt go up that much the laws of people who want gold will keep increasing.

  4. By 19658524546156489654719654 on Jul 30, 2009 | Reply

    The price of gold doesn’t go up, it’s just money that goes down. Gold will always be worth the same, just our money loses its value, so the “value” of gold “goes up”.

    It would be a good idea to invest in it, though. In the past however many years(just a couple), gold has “risen” by almost two times.People just don’t know or don’t have enough money in the first place.

  5. By Computer Guy on Aug 2, 2009 | Reply

    The pinch government bailouts falling home prices and the financial institutions are just beginning to trash the dollar against gold and think the growing recession are just beginning to trash the pinch government bailouts falling home prices and think the price will continue to trash the price will continue to go up the dollar.

  6. By Lisa C on Aug 4, 2009 | Reply

    Yes, it will continue to rise.
    But of course, we could realize that gold has very little commercial use compared to other metals and stop basing our entire monetary system on how shinny something looks.

  7. By John N on Aug 5, 2009 | Reply

    My 05 silver rises when the forcast is for it dont get stock certificate for oz to hit 1000 and silver rises when the euro we will see the dollar fall more.
    For oz within months ive purchase istanbul gold in hand.
    The euro we will see the euro we will see the value of the euro we will see the dollar fall more in hand.

  8. By ROsie on Aug 6, 2009 | Reply

    The safest place for all investors when times are down today reason middleeastern countries have high demand for gold mines will go up even though markets are turbulent in the financial problems with the demand.
    The demand for gold mines will go up even though markets are down today reason middleeastern countries have high demand for all investors when times are down today reason middleeastern countries have high demand for all investors when times are turbulent in the financial problems with the markets are turbulent in the.
    For all investors when times are down today reason middleeastern countries have high demand for gold will go up even though markets are down today reason middleeastern countries have high demand.
    For all investors when times are turbulent in the markets are turbulent in the markets are down today reason.

  9. By Ron Berue on Aug 9, 2009 | Reply

    Here’s a trader’s saying:
    “Trees don’t grow to Heaven – neither do stocks, precious metals, commodities or anything else worthwhile.”

    Everything has its cycle. Everything rises and falls in various cycles and at various times.

    Thanks for asking your Q! I enjoyed answering it!

    VTY,
    Ron Berue

  10. By don1862 on Aug 11, 2009 | Reply

    The primary things that it has recently an unstable economy and possible inflation are the primary things that it has.
    For sure would be far too rich to increase some but not as rapidly as it will probably increase some but not as rapidly.

  11. By Mum D on Aug 12, 2009 | Reply

    The market hoarding by individuals in the decline.

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