Silver Style Tree Pendant


The Tree of Life is one in every of the foremost acquainted of the Sacred pure mathematics Symbols. The structure of the Tree of Life is connected to the sacred teachings of the human Kabbalah however are often seen in different traditions still, like the traditional Egyptian tradition.

The Tree of Life is explained in Sefer Yetzira ("Book of Creation"). The book explained the creation as a method involving the ten divine numbers (sefirot) of God the Creator and therefore the twenty two letters of the alphabet. the ten sefirot at the side of the twenty two letters represent the "32 methods of secret wisdom".

The Tree of Life pendant forms the key to God's original creation. The pendant fits specifically to the Seed of Life and therefore the Flower of Life

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Purchasing of Gold online


Gold bullion is absolutely honest suggests that. Since the start of your time it's the most effective variety of cash the planet has ever notable. Gold is effective and safe investment even within the times of crisis. alittle amount, transferable, can buy a vital quantity of products, merchandise and services everywhere the planet severally of the country, time zone, seasons. Gold is universally recognized and may be simply purchased and vended round the world.

There square measure an excessive amount of individuals everywhere the planet United Nations agency square measure inquired in shopping for gold bullions and bars, however invariably place queries like: wherever am i able to obtain gold bars? Or however am i able to obtain gold? If you have got suggests that to take a position, it's of an excellent importance to appreciate why individuals obtain gold bar within the initial instance, in order that you'll perceive that this can be only for you. the explanations for purchasing bullion gold comprise:

1)In the amount of civil inconstancy, this valuable product may be a thanks to defend your personal suggests that, it's straightforward to hide, gold is moveable, and will be useful for you in each scenario even once everything is lost.

2)Gold may be another “assistant” once you obtain to variegate your investment portfolio. Diversification could also be the most effective cause to own gold, tell consultants within the sphere of finance.

3)Possessing gold will safeguard you from inflation in your country. Countries typically begin to shop for gold bars once the economy starts to deteriorate.

4)Gold is that the best thanks to defend your wealth over an extended amount of your time.

5)This valuable product is often in demand. Gold a monetary system product that may be passed on while not considerations for its desirableness. distinction this length with people and collectables, that square measure subject to unsteadiness in trends of fashion and fashion.

Buying Scrap Gold

Gathering and keeping scrap gold may be a widely-spread investment strategy. With gold costs perpetually rising, to shop for a gold bar may be a low-risk thanks to invest.

Where am i able to obtain gold? raise your members of the family and acquaintances if they own some gold and searching to induce out of it. just about everyone has broken necklets, rings, earrings and alternative bits of gold that they with the best pleasure favor to change into money. kind a value for them, which is able to be excellent for each parties.

Where are you able to obtain gold? place a billboard in some newspapers. place it in each sections: the classified section and also the facilitate needed section of the paper

Where to shop for gold? Search the auctions on-line. Some gold merchandise can typically sell for fewer than their real price, creating them an excellent investment instruments for persons such as you.

Buying Gold Bullion

The individuals everywhere the full world persist to pay suggests that they don’t possess, manufacturing unsteady economies. therefore the gold bullion bars square measure the important insurance against the inconstancy.

You should decide what variety of gold bar bullion you like to get. you have got the choice between jewellery, coins, gold bars.

Jewelry: the problem with shopping for gold jewellery is that you just pay a premium for the unexcelled ability and also the desirableness of the design.

Gold Coins: possess the foremost price, cause have numismatic price along with their gold content.

Gold Bars: Gold is listed in bars that square measure as a rule ninety nine.5 to 99.99% fine.

There square measure some queries that square measure very hip within the acceptable circles. the way to obtain gold bullion? wherever am i able to obtain gold? realize a supply wherever to shop for gold bars. Very often, the tradesmen and banks sell each bars and coins. once you need to own a take care of the merchant and obtain gold bullion, see for what amount of your time he has been within the sphere of commercialism, whether or not they’re certified, and what investment activities they major in. There square measure some sellers that you just will see as Associate in Nursing example:

-Buy Gold on-line (you have an opening to envision the way to invest in gold through markets and stores online)

-Jewelers trade gold jewellery, but, take care that this can be a good store that has been in business for an extended amount of your time.

-Auctions – an added supply of gold obtain

Do not forget to look the present value for gold. once finding the required value, check it with alternative respectable sources.

How do I obtain gold? value quotes

Price quotes square measure usually expressed within the {spot value|cash price|price|terms|damage} or the front month futures price. These square measure 2 costs, these costs square measure invariably within the move and that they square measure changeable. at intervals the gold futures there square measure some active months of commerce with totally different costs. The every day spot costs square measure established in London on a daily basis and also the markets and dealers create solutions commercialism off these spot costs. {different|totally totally different|completely different} time zones create different costs.

Protect your finance

When it involves keeping and defensive your investment, the simpler it'll be to store it for a human once the bullion gold is little. One ounce of gold could also be unbroken in a very secure safety deposit box of any bank. once you have a take care of gold, you have got to seem at a secured vault facility, dedicated to protective gold.

Gold may be a sage investment, and lots of connoisseurs square measure foretelling that the subsequent month the worth of it's going to double or triple. Here there's an adage that says “Who ever has the gold makes all the foundations.”

220 diamond Swallowed smuggler Arrested in South Africa


The police in African country aforesaid they inactive a 25-year-old man WHO had enclosed 220 polished diamonds to undertake to import them out of the country. Capt. Paul Ramaloko of the South African Police Service aforesaid investigators inactive the person Tues night as he waited in line at security at O. R. Tambo International field outside of city. Captain Ramaloko aforesaid the diamonds, that area unit value concerning $2.3 million, were later recovered.

Japan's has Polished Diamond Imports +9% in Previous Month


Japan’s polished diamond imports rose nine.1 % year on year to $67.8 million in Nov, ‎Momozawa reportable citing the country's Finance Ministry. By volume, the imports grew forty seven % ‎to 193,305 carats whereas the common value of the products fell twenty six % to $351 per ‎carat.

Polished diamond imports from India grew eighteen.4 % year on year to $32.6 million, imports from European nation slashed zero.5 % to $11.9 million, whereas imports from Israel quite doubled to $10.1 million. Polished imports from city fell forty nine % to $3 million throughout the month.

During the primary eleven months of the year, Japan’s polished imports rose twelve % to ‎‎$834.2 million whereas the amount of imports inflated zero.7 % to one,901,967 carats.

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Elegant shape Diamond Bracelet


An elegant and understated piece, this bracelet characteristics 2.00ct of spherical brilliant-cut diamonds, set singly and in groups of four to create an instant talking point. The use of the 18ct white gold emphasises the beauty in the diamonds, without detracting from their distinctive brilliance.

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‘Green Gold’ in Colombia


In the northern Colombian department of Choco, gold buyer Alfredo Hurtado walks across a bulldounced stretch of jungle the size of a football field. It’s a former gold mining site, and it’s littered with slag heaps and pits of contaminated water.

The miners who worked here just desired the gold, Hurtado says. “They don’t care once the land is turned upside down.”

Hurtado says this sort of wasteland is really a popular sight in Colombia. With gold require booming around the world, shows is booming in Latin American. Colombia ranks among the world’s top-15 producers, and about half of its bullion is extracted through small-scale miners and illegal prospectors who usually leave behind a ravaged and badly polluted landscape.

One of the biggest problems is mercury. Many miners use the toxic stainless to separate the gold from the ore through which it’s found. nevertheless exposure to mercury can guide concerned and permanent health problems, as well as brain damage and birth defects. And Colombians are exposed to large amounts of it. A late UN report found that Colombia is that the world’s largest mercury polluter per capita from mining.
A woman pans for gold at a Green Gold mining site in Choco department in northern Colombia. (Photo: John Otis)

A woman pans for gold at a Green Gold mining website in Choco department in northern Colombia. (Photo: John Otis)

nevertheless these days the commonwealth is in addition ground zero for a fresh campaign to clean up small-scale mining. It’s called Oro Verde, or Green Gold.

One project is on display right here in Choco.

Alongside a small mountain river, Miner Luis Palomino picks a few leaves from a balsa tree and stirs them in a wood bowl filled with water and sediment from the river. The leaves create a soapy movie that attaches for the lighter minerals and might be washed out, leaving behind heavier flecks of gold. They do basically the same thing as mercury, but without the health risk.

The technique was passed down through Palomino’s ancestors, former African slaves. Palomino says it’s slower and extracts less gold, but he has no interest in using mercury. “We’ve mined gold like this often all our lives,” he says.

And belead the technique is chemical-free, Palomino earns a 15 percent premium over the world price for gold via a UK-based outfit called Fairtrade and Fairmined.

Green Gold project director Felipe Arango says Fairtrade and Fairmined gold costs more, however he believes there’s a market for it.

“Our bet is that if we can attach a value to it of course , if we can acquire consumers to recognize it, it must be enough,” Arango says. “The forests as well as the ecosystems that are around these mines ought to be more valuable than the gold itself.”

The idea behind these and other efforts is to do for gold mining what the organic and reasonable trade movements are creating for foodstuff production.

“This is a sector that will transform itself,” says Lina Villa, who heads the Alliance for Responsible Mining in Medellín, Colombia. Her organization promotes techniques that cut back on mercury use, nevertheless don’t eliminate it altoreceiveher. Things like better storage and handling techniques can reduce accidents and toxic emissions, and miners who adopt them are eligible for a 10 percent bonus from Fairtrade and Fairmined.

“Miners are willing to change and to do things in a various way,” Villa says. “So once you have that information that change is likely, not embracing change doesn’t receive ready sense.”
Instead of using mercury to separate gold from ore, Green Gold miners use a soapy liquid produced with water and leaves from balsa trees. (Photo: John Otis)

Instead of using mercury to separate gold from ore, Green Gold miners use a soapy liquid built with water and leaves from balsa trees. (Photo: John Otis)

Fairtrade and Fairmined hopes to sign up legions of miners across Latin America, Africa and Asia. Small-scale prospectors like these make up 90 percent in the world’s gold mining labor force.

however so-called responsible mining has been slow to catch on. Mining with less mercury takes longer and is less profitable, even with the premiums. That is why just 1,400 miners in Colombia, Peru, and Bolivia have so far joined the Fairtrade and Fairmined movement.

Supporters aren’t discouraged, though. Green Gold’s Felipe Arango points out that campaigns for realistic-trade coffee and chocolate furthermore commenced slowly and are today booming.

“This is that the foundation,” Arango says. “Right now the volumes are small, but we are starting to observe consumers plus the mining market paying attention to a several way of creating things.”

And for the miners in Choco, those numerous ways of generating things bring more compared to health advantages.

As she takes a break from shoveling, Green Gold miner Mariveth Mosquera points to patches of land that have been restored after excavation, and which now sprout crops like yucca and plantains. The premiums she and her family receive for their eco-friendlier approach have furthermore helped them build fish ponds with mercury-free water to cultivate Tilapia.

“Yes, mining like this is harder,” Mosquera says. “nevertheless mercury could kill the fish. It might affect everything. Working without mercury is better.”
Aritcle source http://www.theworld.org

Exchange Gold Shanghai


The Shanghai Gold Exchange (SGE) specializes in gold, silver, platinum and also other precious metals. As part in the deregulation from the Chinese gold industry and also the conclusion on the 50-year old country monopoly on gold, the SGE was founded in 2002. Its members consist of commercial banks, gold miners, customer units, refineries and mints.

In 2007,  locally incorporated foreign banks were accepted as members. already 5 subsidaries of foreign banks are members of SGE along with therefore allowed to package in gold at this exchange. They are the Standard Chartered Bank and HSBC. In 2008 Chinese commercial banks were allowed to offer gold futures at the Shanghai Futures Exchange if they were members from the SGE.

Transactions are subject to 0.6% commission. Settelement is done coming from China’s 4 commonwealth-run banks. These are classified as the Agricultural Bank of China, the Construction Bank of China, the Bank of China along with the Industrial and Commercial Bank of China.

The Shanghai Gold Exchange is primarily aimed at the jewelry field. Gold trading takes place in levels of 1kg or THREE kg and with a purity of 99.95% or 99.99%. Prices are quoted in Chinese yuan. In 2006 the turnover was twice the annual jewelry want.
 
originally written here

Bracing pertaining to Gold’s Short-term Corrections

The U.S. Comex gold futures tumbled 1.3A SINGLE percent on Thursday to conclude at $1,645.90. Week-to-date, the gold futures have fallen 3.0A SINGLE percent, trimming this year’s gain to around 5 percent. The S&P 500 index as well as the Euro Stoxx 50 index advanced 2.13 percent and 1.06 percent respectively this week. While the gold price has weakened, the Dollar Index has also dropped 0.42 percent this week. towards the other hand, crude oil futures surged 3.9TWO percent week-to-date to stop at $90.ONE3 on Thursday.

U.S. and Japan data not helping gold prices
Gold price reacted negatively towards the latest U.S. GDP data. centered on the third reading of the U.S. genuine GDP growth, the economy grew at an annual pace of 3.ONE percent in Q3, faster than the economists’ estimates of 2.8 percent, and the prior reading of TWO.7 percent. Residential investment grew sharply at ONE3.5 percent, and will possible contribute to economic growth in 2012 for the first time since TWO005. The existing home sales in a U.S. rose 5.9 percent in November to reach an annual rate of 5.04 trillion. The business fears that a faster economic recovery will shorten the time for the Fed’s monetary stimulus. Nevertheless, the median forecast for Q4 GDP is A SINGLE.4 percent, reflecting the slow job growth and weakness in investment spfinishing. Gold price did not receive much enhance from the Bank of Japan either. The BOJ expanded its asset-purchase fund to 76 trillion Yen, but kept its lconclusioning program integral. It did not improve the inflation tarobtain to 2 percent as Abe suggested, but will comment its 1 percent inflation goal.

The correction continues
Gold has not too long ago dropped within its TWO00-day relocating average, which was regarding $1,669. According to some analysts, the price may further drop to $A SINGLE,535. Jim Rogers, the commodities pro, is not surprised about the gold price correction, which has continued for regarding FIFTEEN to ONE6 months. He expects more corrections to come. In the short manage, corrections are possible connected to year-conclude tax-similar selling, fund liquidations, a short-term rebound in the European confidence, and the impasse in a very U.S. fiscal cliff negotiations. A low inflation and a weak growth scenario will not be favorable to gold.

Year-conclusion data to watch
Data will be light given the upcoming Christmas travel although the market’s anxiety towards the U.S. fiscal negotiations will stay. The marketplace will watch the U.S. November unexampled home sales on TWO7 December, and China’s December final HSBC manufacturing PMI index on 3A SINGLE December.

Originally written here www.sharpspixley.com

How termites could always be the key to mining gold


Australian scientists have found high concentrations of gold in a put you’d maybe never expect to uncover it — in a termite hill. The termites commonly found in Australia transport sediment via deep underground towards the surface, which are used to construct towering mounds that home the colony. Researchers are now realizing these small insects are quite the gold prospectors as well.

Gold has been mined across the Australian Outback for years, however locateing abundant deposits is often painstaking and has a bad effect on the environs. Researchers have long ktodayn that precious metal-laced sediments are usually indicative of deposits deeper underground, but you still have to go away and collect the samples to check. Termites only happen to be awesome for collecting, and “processing” soil samples.

The insects studied in Australia are Tumulitermes tumuli, a varieties found in a very western part of the state. When individual insects consume a sediment sample with significant amounts of metal, those particles are separated away and passed via the digestive system. Testing can then detect the elevated levels of gold deposited in a very very structure of the termite mound. The examine team found samples in some termite colonies as high as 5,000 pieces per billion, which is significantly above baselines.

This isn’t quite a viable way to retrieve gold by underground, however it gives us a much better idea about what spots are going to require a worthwhile deposit of gold. That means less digging, and less interference with the landscape.

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Portfolio Diversification of Gold




Portfolio diversification refers to decreasing investment danger through purchasing a figure of assets. A random selection of assets by now reduces danger, when compared with a one-asset investment. but, diversification is more efficient, if the portfolio assets are not correlated, i.e. they do not move into the same direction. Investors seek a portfolio that has a minimum of danger and a maximum of return.


Gold is uncorrelated with most other assets and moves independent of key economic signs. This makes it a great diversification opportunity in portfolios. Studies show portfolios containing gold are more robust and better able to trade with business uncertainties (Jeffrey & Jaffe 1989, FAJ).

It is suggested that 5% to 15% from the investment portfolio ought to contain this precious stainless. Since the commence of 2000, gold has been a valuable portfolio asset. nevertheless, before 2000, gold was an gorgeous portfolio asset only between 1974 and 1979 and 1993 and 1999.

Even though gold is usually a cool portfolio diversifier, the doubt is whether it outpaces a broader mix of commodities, or a purely non-commodity portfolio.

Larry Swedroe from Buckingham Asset Management compares the annual return of 3 diversified portfolios:

    a non-commodity portfolio,
    a portfolio with a mix of commodities and
    a portfolio with gold.

From 1970 until 2010 the annual returns in these portfolios were 11.36%, 11.32% and 11.29% resp. Once can view that the 3 portfolio species present very similar returns, with the gold portfolio even the lowest. Therefore, it could be concluded that though gold is often a sensible portfolio diversifier, there are other options as well.

originally appear here

Gold Stays Low as Hope Fades pertaining to Fiscal Cliff Resolution


Gold remained stuck from the doldrums on Thursday, staying near four-month lows of around US$1,660 an oz..

With minor news to move the gold price amid thin holiday trading, spot gold finished at an even $1,663, up $3.60 from Boxing Day. Gold futures in addition increased marginally, with the February gold contract last trading up $3.40 an ounces , at $1,664.10.

The precious stainless was lifted slightly from short covering and bargain hunting, even reaching $1,666 at a single point through the day, but those gains were limited through the US Labor Department’s news that applications regarding unemployment benefits fell to 1 of the lowest volumes of the year. The US dollar gained as a result, putting pressure on gold.

Gold investors and traders are also increasingly leery of stalled negotiations over the US “fiscal cliff” deadline, with many preferring to sit of the sidelines and wait and observe. Lawmakers in Washington have until January 1 to come up with a trade that can stay out from $600 billion in tax grows and spending cuts slated to kick in come the fresh year. Economists predict that the measures will push the nation in to a recession.

Senate Majority Leader Harry Reid on Thursday did not encourage any hope of a resolution, and was quoted via The Independent as saying it “looks like” the US is heading over the fiscal cliff.

Company unexampleds

Randgold Resources (NASDAQ:GOLD) announced that productions at its Tongon gold mine in Cote d’Ivoire was impacted due to a mill fire. The incident occurred on December 24 during a planned shutdown. “The fire has been fully extinguished and no injuries have been reported however both cyclone clusters, flotation cells and blowers and also similar infrastructure for both milling circuits suffered damage,” Randgold said in a statement. The company’s stock suffered a 0.54-percent decline on Thursday.

Al Jazeera reported that 4,000 miners suffering from lung disease have released South Africa’s largest-ever class-action lawsuit against AngloGold Ashanti (NYSE:AU), Goldfields (NYSE:GFI) and Harmony Gold Mining (NYSE:HMY). The plaintiffs claim to have contracted severe lung ailments which includes tuberculosis and silicosis while working in underground gold mines and are demanding millions of money in compensation to the defendants, which are several of the world’s biggest mining businesses.

Kinross Gold (TSX:K) Canada’s third-largest gold producer, denied a statement from Southridge Enterprises (OTC Pink:SRGE) that says the two providers are working together to develop properties in Mexico. In a very statement quoted through Bloomberg, Toronto-based Kinross said the company “has not entered in to a joint venture agreement with Southridge Enterprises, and is not actively pursuing any such agreement at this time.”

Focus Minerals (ASX:FML) completed a AU$225-million private placement with Shandong Gold Mining (SSE:600547), which will have a 51-percent equity stake in the Australian gold miner.

Funds in the offer, approved through shareholders earlier this month, will perhaps be set towards developing Focus’ existing gold projects of the Goldfields-Esperance region of Western Australia.

“This is one from the largest mining deals for an emerging mid-tier Australian gold producer in recent occasions and underscores the magnitude of Australia-China mining interests,” said Don Taig, Focus Minerals’ chairman.

The Australian Federal judge has approved a AU$426-million merger between Silver Lake Resources (ASX:SLR) and Integra Mining (ASX:IGR). within terms of the agreement, Silver Lake will hand over one of its own shares for every 6.28 Integra shares held.

Meanwhile, Silver Lake in addition reported that commissioning of its Murchison gold project, in Western Australia, is on track, with shows expected to start in March. The project will ramp up to ONE00,000 ouncesper year via 20ONE4.

“We are looking forward to commissioning the Murchison gold project, bringing it into productions and ramping up to A SINGLE00,000 ounce per annum rates on time and in line with funds,” said Silver Lake’s managing director, Les Davis.

Junior company unexampleds

Santacruz Silver Mining (TSXV:SCZ) announced the completion of an updated NI 43-101 mineral resource estimate on its Rosario project in Mexico.

“This resource classification upgrade offers us with more certainty that the Rosario Project will probably be an emerging silver producer that will probable be the origin in the Company as we advance towards becoming a mid-tier silver producer. We keep on schedule to achieve commercial productions at the Rosario Project withinside a first quarter of 20ONE3,” said Santacruz’s president, Arturo Préstamo. The deposit hosts 270,000 tonnes of mineralization containing 2ONE0 grams per tonne silver, 0.94 g/t gold, 3.69 percent zinc and 1.17 percent lead.

Northern Gold Mining (TSXV:NGM) and Champagne Resources entered in a letter of intent under which Champagne has granted Northern Gold the right to acquire all of its mining claims located in each of the Guibord, Michaud and Holloway Townships in Ontario, Canada.

originally appear here http://goldinvestingnews.com

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Top TEN juniors of Gold Industry in 2012

1. Gold Quest Mining (TSXV:GQC); current price: $0.62; year-to-date gain: 726.67 percent; 52-week high: $2.03.

Gold Quest is often a copper-gold exploration company focused on the Dominican Republic. The company’s share price commenced climbing at the stop of May, when it announced drill results in the Romero gold-copper mineralization LTP 90, which returned 23A SINGLE meters grading 2.4 g/t gold, which includes A SINGLE60.3 meters grading 2.9 g/t. The outcomes prompted GQC to mobilize a portable drill to further explore the mineralization. Share prices for GQC retained climbing throughout the summer months as exploration work progressed through september. In August, the company announced that it had intercepted significant mineralization, such as 258 meters grading 4.5 g/t and an upper section of 55 meters grading 1.25 g/t gold. The company furthermore covered a $ONE5-million bought-deal private placement.

Gold Quest has maintained a “strong buy“ rating for the last numerous months.

2. Unigold (TSXV:UGD); current price: $0.4ONE; year-to-date gain: ONE64.52 percent; 52-week high: $0.52.

Like Gold Quest, Unigold is focused on exploring and developing gold projects on the Dominican Republic. The company is concentrating its concludeeavors of the Candelones zone of its Neita property. UGD share prices spiked in February following a January release of drill outcomes; the effects included 73 meters at 2.36 g/t gold and 30 meters at 2.74 g/t gold at Candelones. Work of the project has continued steadily through the year, and extensions for the mineralization have outlined consistent grades. At the finish of November, UGD announced strong drill results at Candelones, as well as 69.4 meters at 3.75 g/t gold and 30.2 meters at 2.6 g/t gold. Later, on November 28, UGD announced the discovery of a new field of mineralization in the Neita property.

Unigold has maintained a “strong buy“ rating over the last three months.

3. Nevada Exploration (TSXV:NGE); current price: $0.ONE3; year-to-date gain: A SINGLE07.69 percent; 52-week high: $0.ONE9.

Nevada Exploration is using unexampled and single groundwater chemistry technology to explore for new gold deposits in Nevada. The company is attempting to advance nine projects totaling over 30,000 hectares. In this summer, NGE, in conjunction with McEwen Mining (TSX:MUX:NYSE:MUX), elected to designate a unexampled gold project in Grass Valley, Nevada. The terms of the project give NGE a 30-percent interest in Grass Valley; however, McEwen remains the project manager.

NGE, and also its project partner, Spruce Ridge Resources (TSXV:SHL), began drilling at its Fletcher Junction gold project at the conclude of October.

4. Sutter Gold Mining (TSXV:SGM); current price: $0.39; year-to-date gain: A SINGLE02.63 percent; 52-week high: $0.5A SINGLE.

Sutter Gold is really a near-term gold producer previously in phase one of construction at its Lincoln Mine project in California. The project is situated through the historic California Mother Lode, with shows slated to ramp up within a latter half of 20ONE3. The company’s share price hit a high of $0.5A SINGLE on March TWENTY following an earlier news release in which the company announced outcomes from its first three drill holes at Lincoln. The very best result come from hole DDH-198, which intersected 4.3A SINGLE7 ounce of gold per ton (OPT) in a ONE.8-foot interval and 1.79ONE OPT inside a adjacent 2.1-foot interval.

Most recently, Sutter announced its first gold pour of the Lincoln mine. SGM is previously moving forward with the mine’s development and mill construction.

5. Stratabound Minerals (TSXV:SB); current price: $0.09; year-to-date gain: 80.00 percent; 52-week high: $0.ONE3.

Stratabound Minerals is often a junior resource company focused on the exploration and advancement of mineral properties inside a Bathurst Mining District of Northern New Brunswick and Quebec. SB’s share price hit a 52-week high in july following the company’s announcement that drilling was underway at the gravity target within a claim group optioned from Commander Resources (TSXV:CMD). The Commander option is really a strategic acquisition adjoining SB’s CNE and Captain properties. SB can acquire up to a 65-percent interest inside a claims. On November ONE, SB reported copper-gold-silver intersections in the claim, with the superior results being ONE1 meters grading 2.04 percent copper, 0.49 g/t gold and 7.48 g/t silver.

6. Gold Standard Ventures (TSXV:GSV); current price: $ONE.33; year-to-date gain: 80.00 percent; 52-week high: $3.03.

Gold Standard owns the Railroad gold project, that may be located within Nevada’s Carlin design and near freshmont Mining’s (NYSE:NEM) Rain and Emigrant mines. In May, GSV announced that it had crossed 164 meters of 3.38 g/t gold, which includes 42.7 meters of 9.4 g/t gold, at the Railroad project. The drill results confirmed and expanded the potential of a major deposit at the company’s target. GSV conducted a geophysical survey on a portion of the North Bullion Fault Zone (NBFZ) at Railroad to outline the company’s primary target.

“The NBFZ target appears to be a quite pointed huge “sliver” of prospective clastic and carbonate stone units up to concerning A SINGLE300 foot wide and regarding ONE mile long among two major anastomosing fault boundaries. A portion of this target coincides with the best gold grades drilled to date,” according to the company’s press release.

The company continues to prepare progress at Railroad, and lately announced the approval of its plan of operation. In November, GSV announced the acquisition of additional interest on the Pinon gold deposit, which is located south of its flagship property.

Gold Standard Ventures already holds a “strong buy“ rating.

7. Panoro Minerals (TSXV:PML); current price: $0.64; year-to-date gain: 68.42 percent; 52-week high: $0.86.

Panoro Minerals is really a polymetallic exploration company focused on exploring and advancing its huge-potential copper and copper-gold projects in Peru. The company owns numerous properties during the prolific Andahuaylas-Yauri province. The company’s flagship properties would be the advanced-stage Cotabambas and Antilla projects.

The company has been steadily progressing with work from the Cotabambas copper-gold project, and an early year announcement of a significant zone of supergene enrichment returned benefits of a 92.35-meter interval grading ONE.55 percent copper and 0.5ONE g/t gold. The company furthermore identified a gold-enriched leached capping with a 74-meter interval grading 1.17 g/t gold and 5 g/t silver. In June, PML bought approval for its environmental impact assessment for expanded exploration at Cotabambas. PML is working on the completion of a 24,000-meter drill program. An updated NI 43-10ONE compliant resource estimate for the project was released in july, and brought the project’s estimated resources to 3.75 million pounds of copper and 3 million ounces of gold.

Share prices for Panoro Minerals have remained steady throughout the year, and also the company previously holds a “buy“ rating.

8. Coronado Resources (TSXV:CRD); current price: $0.40; year-to-date gain: 66.67 percent; 52-week high: $0.85.

Coronado Resources is usually a copper and gold producer focused on developing its ONE00-percent-owned Madison mine in Montana. The company attained a 52-week high in August following the closure of its 50-million share private placement for total proceeds of $6 million. In July 2010, CRD’s drill program returned outcomes that included 70 ft at 779 oz/t gold.

9. Northern Gold Mining (TSXV:NGM); current price: $0.33; year-to-date gain: 66.67 percent; 52-week high: $0.45.

Northern Gold Mining is usually a Canadian junior resource company focused from the come across and development of gold deposits of the prolific Timmins-Kirkland Lake Gold Camp region in Northeastern Ontario. The company has numerous near-term projects that it is working on ripping towards production. Most lately, NGM obtaind Victory Gold, which will offer the company access to Brigus’ Black Fox mine and St. Andrew Goldfields’ Hislop mine, each of which are operational, through the Timmins Gold District.

10. American Creek Resources (TSXV:AMK); current price: $0.09; year-to-date gain: 55.56; 52-week high: $0.12.

American Creek is focused on the exploration and development of resource properties in British Columbia. The company’s share price jumped sharply in this summer, to a high of $0.ONE5, if the company announced that it had obtained a observe of negotiation from Seabridge Gold (TSX:SEA). The observe was aimed at determining an agreement on whether Seabridge might purchase access rights to proceed through AMK’s Treaty Creek property; the vconclusionors commenced negotiations in October.

“Seabridge’s proposed MTT would link the KSM mine area to the proposed processing plant and tailings impoundments in a very upper North Treaty Creek valley. The tunnels might be used to get utilities and equipment to the mine website and furthermore to transport the ore to the processing plant.
Article source http://goldinvestingnews.com

Gold Exchange in Istanbul


In 1995 the Istanbul Gold Exchange (IAB) was founded. Its initals stem in the Turkish name in the exchange: Istanbul Altin Borsasi. This ended the gold bullion import monopoly in the Turkish Bank. In 2009 it commenced diamond along with other precious stone trading. The IAB is often a spot, lending, futures and options marketplace. IAB’s motto is “no one puts it all together except us”. In 2008 the exchange became a member of the London Bullion industry.

Trades could be executed in 3 currencies: TL/kg, US$/oz, EUR/oz. Trading takes place 24h a day. in the night there's an internet session. Gold weights of multiples of 100g are accepted. Normal orders are regarding 1kg gold bars. These, and the 400 ounces gold bars, should come from LBMA accredited refiners. Fineness is either 995 or 999.9. Maturity is up to 9 months.

Article originally appear here http://goldratefortoday.org

In Russia Forex has reserve upto $532bn


Russia's gold and foreign exchange reserves rose to $532.0 billion from the week to Dec. 21 from $528.8 billion a week earlier, central bank data showed on Thursday.

Russia's central bank has no immediate plans to diversify its foreign exchange holdings, Chairman Sergei Ignatyev said on last week, in the situation the world's fourth-largest reserve holder lately upped its holdings of Australian and Canadian income.

The central bank provided the following figures (in billion cash):

Latest week             532.0

Previous week           528.8

                     

End-2011                498.6

The reserves include monetary gold, single drawing rights, reserve position at the IMF and foreign exchange.

written by Maya Dyakina



Three Different Exchange Risk in Gold Trading

Exchange risks refer for the transfers where gold and futures are traded, and not to currency risks. The two major gold futures transfers would be the fresh York Mercantile Exchange (NYMEX) plus the Tokyo Commodity Exchange (TOCOM).  Trading at these and all other exchanges is subject for their policies and regulations. The transfers can on purpose or accidentally foster industry effects via switching their trading policies.
1. Margin Requirement Change: A margin requirement states how much cash requires to be available in the futures account in order to speculate on future contracts. The higher the margin requirement, the harder income is needed to manage the same quantity of the underlying asset. once the margin through the margin account is within the margin requirement, then the investor either has to improve the margin, or sell securities. Thus, rising the margin will in average result in more selling and as a consequence in price droppings.
In December 2009, COMEX raised the margin requirements for gold (and silver) contracts. It was speculated that this enhance would impact in a bearish future gold market for three to six months.

2. Liquidation only: This rare event means that the exchange temporarily restricts buying, so that only selling can happen thus driving the prices down. COMEX restricted silver buying in 1980, when this chromium steel reached an all-time high of US$ 50. Will the exchange also declare a “liquidation-only” policy on gold, which in addition trades for a recording price?

3. Halt trading: This situation is the most high measure. Here, an exchange temporarily halts  the trading of a particular future contract.

Originally written here

Gold gain some ground again


IN THE FINAL day before Christmas, gold prices edged higher Monday morning, climbing to $1,665 per ounces (oz) and recovering some from the ground lost last week.

Friday afternoon's London gold correct was $1,651.50/oz, a 2.6% weekly fall and the biggest weekly drop since June.

"[Gold's fall] opens up a move towards the next major support, which are the lows in a very $1,5TWO0s," says Friday's technical analysis note from Scotiabank.

On the physical bullion industry, gold want from traditional world variety 1 India picked up Monday, dealers reported.

"Demand is cool," 1 dealer at a state-run bank in Mumbai told newswire Reuters earlier now.

"Buyers are putting orders for limited stocks with banks. They know the provide situation will remain tight for the next few days. Overseas vendors are going on leave."

Silver meantime rallied to $30.39/oz before easing slightly, like gold regaining a little.

Stocks and commodities were broadly flat Monday morning, while the euro gained versus the dollar however stayed below last week's seven-month high.

In unexampled York, the so-called speculative net long position of gold futures and options traders—the difference between bullish and bearish contracts held—fell to its lowest level since August in the week ended last Tuesday, weekly data submitted from the Commodity Futures Trading Commission show.

Elsewhere from the U.S., politicians negotiating over how to treat the government's deficit have left Washington for Christmas without any deal being agreed. The U.S. economy is due to hit the so-called fiscal cliff of around $600 billion of spending cuts and tax cut expiries, starting next Monday, if Congress does not agree new legislation.

Here in Europe, current Italian prime minister Mario Monti said Saturday that he will not run in February's parliamentary elections. He added however that he might feel being prime minister if nominated towards the document via an elected coalition that might back what he called "the Monti agenda" of economic reforms.

Article source http://www.theaureport.com/

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Stocks Beat Gold for 1st Time almost after 8 year

Yes, gold has risen 12 years running. however compare its path with US stocks...

SO the WORLD DIDN'T CONCLUSION in the shortest day of 2014, writes Adrian Ash at BullionVault, as forecast through no-one beyond lazy journalists and internet hoaxes.

however the farseeing bull market gold has choked its last. Or so some soothsayers claim.

Bloomberg: "Gold, [enjoying] its extendedest winning streak in at least nine decades, is poised to enter a bear business..."

Interactive Investor: "Is gold's bull market over? industry commentators [are] citing a tumultuous economic atmosphere. Others say it has only been over-bought, and as with every single bull market, inevitably revery single[ed] a point of resistance..."

MarketWatch: "Gold bugs are finally throwing of the towel. Over the last two weeks [they] have become even more discouraged when compared with they were at the end of November. And that’s saying something..."

Okay, we were kidding. These 3 stories actually came at the end of 2011. nevertheless with the huge top of summer last year now a distant memory, and with prices this week unwinding all of 2012's gains for Euro and Sterling investors, you might book your path for the US Treasury, running Italy, or putting a $400,000 annual housing allowance from the Bank of England through saying gold is spent today.

"Goldman Sachs...are between those calling the end of the gold bull business," reports Portfolio Adviser, "having lately trimmed their 2013 forecasts to $1800/oz."

Whatever the reality ahead, gold has certainly done an odd thing in 2012. Odd for the last 13 years at least. Because it failed to beat the US stock marketplace's annual gain – the first such failing since 2004, and merely the third time since 1999.

Go back 30 years, and flip the price of gold upside down. As US stocks rose, the gold price fell, all through the mid-to-late '90s. It wasn't early 2001 that gold found its floor – stated as the second peak on our inverted chart.

And from there, the Tech Stock Crash came right alongside the begin of gold's today 12-year rise...a rise which stocks joined again only as soon as near-zero interest rates were applied in TWENTY03.

Yes, the well-known link we believe has been cheap dollars. in the one hand it has driven investors back into stocks (and back again thanks to truly free cash and quantitative easing since TWENTY09). for the other, it has driven a small nevertheless burgeoning band of individuals many countries to abandon a chunk of their cash, swapping it for a lump of metal somewhat. And overall, gold has outperformed from not sinking in a middle.

Scarce and incorruptible, unlike well-liked stock, gold has thus acted as a awesome hedge for stock sector bulls, rising both with and despite the action in equities. But being rare and indestructible, gold has yet to discover its genuine calling through the early 21st century we predict, squinting into the future just like ancient Mayans didn't.

We feel gold looks fantastic insurance vs that other all-rising bull sector, the all-inflating credit bubble that may be the 32-year non-stop bull sector in US as well as other Western government bonds.

Let see what will happen in next year..

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Gold Standard a “Crazy” idea


Critics have raised a counts of theoretical and historical objections to the gold standard. Some
have called the gold standard a “crazy” idea. The gold standard is not a flawless monetary
system. Neither would be that the fiat euros choice. In light of historical information regarding the compara-
tive relevance of these flaws, however, the gold standard is often a policy option that deserves serious
consideration.

In a research covering many decades inside a large sample of countries, Federal Reserve Bank econ-
omists found that “money growth and inflation are higher” under fiat standards compared to below
gold and silver standards. Nor would be that the gold standard a descent of harmful deflation. Alan Green-
span has testified before Congress that “a central bank easily functioning will endeavor to,
in many cases, replicate what a gold standard would itself generate.”
This research addresses the leading criticisms of the gold standard, relating for the expenditures of gold,
the expenditures of transition, the dangers of speculation, along with the demand for a lender of last resort.

Onecriticism is found to have some merit. The United States would not enjoy the effects of
being on an international gold standard if it were the first and merely state whose currency was
linked to gold. A gold standard does not guarantee perfect steadiness during the growth of the money supply, but historical comparison shows that it has provided more moderate and steadier money growth in
practice when compared with the present-day alternative, politically empowering a central banking committee to determine growth inside a stock of fiat income. From the perspective of limiting money
growth appropriately, the gold standard is far from a crazy idea.

The gold standard is not a flawless monetary system. Neither is that the fiat dollars substitute

To the first time in many years, the mon-etary arrangements from the United States have
become an difficulty in a 2008 presidential race.The subprime crisis and also the decline through the
foreign exchange importance on the dollar have raised questions regarding the performance of
the Federal Reserve Board. a single candidate has proposed ending the post-1971 experi-
ment with an unanchored fiat dollar issue difficultyd by the Federal Reserve and returning to a
gold standard with private dollars problem. Critics have raised a figure of theoretical
and historical objections towards the gold standard. Some have called the gold standard a
“crazy” idea. In what follows I imagine the leading objections and come across all however one of
them somewhat insecure. The overall intent of this paper is to make
practical institutional comparisons, warts and all. The gold standard is not a flawless
monetary system. Neither is the fiat income alternative. The gold standard is most cer-
tainly not a crazy idea. It is a policy option that deserves interested feelation.
“The gold standard” generically means a monetary system through which a distinct mass of
“A gold standard leaves the quantity of money to be determined by accidental
forces.” you've received a germ of truth to this concern. A gold standard does leave the quantity
and purchasing toughness of cash to be determined by the forces of present and demand in
the industry for gold. There could be “accidental” shifts within a supply and require curves to
which the quantity and purchasing potency of income will respond. Our current fiat standard,
by contrast, leaves the offer of cash on the decisions of a committee (namely, the Federal
Open Market Committee in the Federal Reserve System). The practical question is: under
which system include the quantity and purchasing toughness of money better behaved?
As is well known, the stock of gold did not grow at a perfectly steady rate through the era of
the historical gold standard. Some expands in gold output—such as the Yukon discoveries
and the development on the cyanide process were responses to previous grows in expect
and the purchasing durability of gold, and thus helped to stabilize the purchasing effectiveness of
gold over the long control.

Investing In gold,What to demand through Gold Prices Before 2013


It's been a down week for gold prices, reaching one-month lows, nevertheless on Thursday, things commenced to turn around pertaining to the precious chromium steel.

Due to short-covering in anticipation of Friday's employment matters and comments via European Central Bank (ECB) President Mario Draghi raising expectations for an interest rate cut, Comex February gold rose $8 an ounce to $1,701.80.

Gold exchange-traded funds (ETFs) furthermore had a great day on Thursday as they hit lp highs of 76.133 million ounces.

Peter Spina, president of Goldseek.com said to Investor's Business Daily of Thursday's quantities, "If gold does stay around these levels regarding the near term (several months), this stays a very match gold market, which will place the tone on the next move up."

 when the November U.S. jobs report, which had been expected to be skewed through Superstorm Sandy, came away better-than-expected on Friday, gold went above $1,700 again. Expectations regarding Federal Open Marketplace Committee (FOMC) easing fell a bit.

Until the Dec. TEN and Dec. 11 FOMC consultation ends, investors are expected to hit the sidelines.

At next week's seeing, FOMC members will decide circumstances to do with "Operation Twist" as it comes to an end. Many think they are able to extend it, plus implement a "QE4."

This might be good to the precious chromium steels markets. nevertheless gold prices are affected by much more than the FOMC.

How Gold Miners Can Effectively Leverage Gold Prices

 
Gazing into their crystal balls last week, Wall Street firms interpreted differing futures pertaining to gold next year.
 Morgan Stanley awarded gold the "best commodity regarding 2013" while Goldman Sachs called the conclude of the metal's hot streak.

 After observing 11 consecutive years of guaranteed perpertaining tomance from gold price, 1 calls pertaining to to be wary of inpertaining tomation analysts' price pertaining toecasts, as they have consistently underestimated the moving dynamics driving the precious metal higher.

 Take a peek at analysts' annual predictions of gold prices, that may be "a telling picture," CEO Nick Holland of Gold Fields told the crowd at a mining conference last summer.

 From 2006 coming from 2011, Bloomberg's contributing analysts have forecasted that future gold prices could be lower. "The analysts who stay telling us the gold price is going down have been wrong seven years away of seven. That's a remarkable track record!" says Holland.

Gold price calculator Up to Date

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To calculate current market prices http://www.goldbuyersuk.com/

Live Broadcast Gold Price Today


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Why are Gold Prices Down Now a days?

 
Gold prices plunged Thursday, hitting lows not seen since August, after the U.S. Commerce Department reported an unexpectedly robust reading on third quarter U.S. gross domestic product (GDP). 

After the surprising strong report, February gold tumbled $14.50 an ounce to $1,653.50 and spot gold sank $22.80 to $1,643.10. 

Silver prices fell as well, losing $1.13 to $29.95 shortly before noon. Prior to the report, the yellow and white metals were little changed.

The fresh report told that GDP in the third quarter expanded at an annual rate of 3.1%, the fastest growth since late 2011. That was up from the 2.7% pace logged last month, and better than economists' expected 2.8% rate. 

Phil Streible, a senior commodity broker at R.J. O'Brien & Associates in Chicago told Bloomberg News, "The GDP number was better than forecast, so the thinking is that improving conditions in the economy might mean a light at the end of the tunnel on when the Fed will end QE3."

Gold and silver have been big beneficiaries of the FOMC's generous QE3 programs. 

But there's more than the end of QE measures as to why gold prices are down.

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Gold Dust 1.5 Grams PCGS



This Pinch of gold flakes has been certified by PCGS as being from the Sacramento Assayer Hoard. This hoard was accumulated by an assayer that bought gold dust and nuggets from miners and gold prospectors in California gold fields.


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