It has always seen that gold is the precious metal which is widely used. It is also considered as the treasury for both the government as well as for the person who supplies gold. There is no comparison of gold. The prices of gold are always high which help people to save from buying gold and then investing it. Following are few prices that for you I have explained which are:

Prices of gold:

The prices of gold are always talking in the sky. The reason behind the rise in the prices of gold is that it grows rapidly and is always appreciated by the people. With the rise in economic, gold is such a product which is linked with it. It does not only fall when the prices of dollars decrease. It is obvious that the wealth all over the world are linked with each other. The main disadvantage of rising in the prices is that people don’t value the currency and their faith declines. After the year 1972, the climb in gold prices took place when then US president Nixon closed the standard of the gold. This is observed by the dealers and experts of that time. The US government has taken benefit from the rise in the prices of gold and it was selling freely to the people of the world.

Gold reduction:

India, USA, Australia, South Africa, Canada, China, New Zealand and many countries are considered to be the producing nation of gold. As it is widely needed today, its value has reduced and availability also in mines. In Kolar located in India, the gold was first brought there but now due to depletion it has stopped its production over there. May be many wont agree with this statement that gold has being reduced these days but it is true fact that the quantity of gold around the world is not too much now as compared to before. It has been quoted by the laws state that any product which is inadequate will goes high when it
comes to prices.

Demands of gold:

All around the people are still demanding for gold although they know the prices are talking to sky, this is because it is a good source to keep money save for the future time. For investment reason it has been calculated that only 25% is used which includes gold bonds. By the US the country which was popular for having gold was considered as India.

History of gold:

Every day it has been observed that gold with the rising in prices comes up with new look which attracts the people very much. The market of gold has always been a fish market. By the gold speculation, people try to make out the useful and benefits from the prices of gold. This is simple but though among the main reason for the increase of prices of gold. The prices of gold varies day by day and keep the people puzzled that what to do next. The people purchase gold in order to keep themselves away from the hikes before they need it. The speculators gain more profit from such thing with the rise in the prices of gold. Read more about the fiat currency history here.

Economical benefit:

We have seen that world is in trauma over more than half century. This is because of the two wars which took place. Such wars were not only fought by the men but also country requires pooling of the funds to get
the time costs. The government of US thus took action on it and banned the hoarding gold. People of that time considered better to keep gold in their pockets instead of placing cash.

It has been observed that the prices of gold are rising since 2001 and it has no decline over it. It will be the same only if fictional King Midas is alive again and make any such metal again then there is a chance of its decline else it will increase further more in several years. 
zakaria haddane
12/12/2012

The Physical gold is a safe haven in times of crisis. From 1999 to 2012, gold has attempts an ever seen value . During his nearly five-fold since 1999. The London Bullion Market Association (LBMA source of international price of gold) points out that the price of an ounce of gold has increased by an average of 12% per year over the last 10 years. Gold physical thus offers a much higher rate of return to investment supports classic.

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Adnan S. Jatt
12/12/2012

It is a well known fact that the increased demand of a commodity also increases the price of it. Similar is the situation for gold. The decreased production and increased demand has taken its toll, in the form of increased prices of gold. So, in the light of new economic situation of world, we can say that Gold today is worth millions tomorrow. We can ascertain from the data of LBMA that the prices of Gold has increases by 12% each year over the last 10 years.. So, the Physical gold that is Gold Bullions and Gold coins offer a much higher rate of return for the amount we spend on it.

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Scott H
12/13/2012

I had a lot of trouble following this article, while the message is clear the translation is hazy. I admire your desire to teach and hope you will continue to produce informative material to the world, my only suggestion would be that you partner with a native English speaker before you post your blog.

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Niloy
12/15/2012

For the last few years, it has found that the top gold collecting country is India and they are trying to collect the gold as much as possible for the future establishment over the economy. From one of the growing power, India, we can take the positive side of this gold collecting attitude. The rarity of gold makes it precious to make its reserve as the best investing and utilizing of your funds. As the ornaments, the gold has become the most widely used metal and thus makes it precious for its own kind.

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Kristine Joy Escarilla
1/5/2013

For as long as people continue to demand for gold and appreciate it, its price will continue to rise as well, and not only that but also its supply will decrease unless there are more new discoveries of it in the future. However, so far there are no known new discoveries of it since some mining sites are even closing due to its depletion, taking for instance the case of Kolar in India. Thus, based on this fact, gold price will keep rising, and it is best to include it in your portfolio.

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ghifary kamal
1/17/2013

The wide use of the gold has been increasing day by day. Moreover the use and price of the gold will increase in future also. Because, the time will pass it will be difficult to find out the god mines in different regions. Hence it would be very profitable to save gold rather than money. Because the value of money can be diminished but it is impossible that one day the price of the gold will be diminished.

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