Alaska gold mining started with the Klondike gold rush of 1897 when 100,000 potential miners rushed from the California gold fields as well as parts of Western Canada to Alaska to pan for gold. The journey to the gold fields of Alaska was extremely difficult and casualties were high, this is gold history. Klondike gold rush facts describe...
Gold, along with crude oil, is one of the most commonly traded raw resources in the world and unquestionably the most popular precious metal due to its monetary as well as cultural significance. Gold's Worth Political, social, and economic instability can affect the price of gold. It is common for traders to refer to the gold market as...
When it comes to taking a stance on the future direction of the gold markets, investing or trading are two distinct options. In order to profit from a gold investment, you must first acquire possession of the asset and then watch the price of the precious metal climb. Rather than owning the item itself, when you buy gold,...
The gold futures trading is one of many commodity futures markets where contracts are made to purchase gold at a specific price at a specific future date. Both gold producers but also market makers use gold futures to protect their products from market fluctuations, and speculators use gold futures to profit from those same market movements.
Future delivery of a metal at an agreed-upon price is guaranteed by a legally binding contract for the purchase of precious metals futures. A futures exchange standardises the contracts in terms of quantity, quality, delivery date/time, and location. It is only the cost that can change.
