September 8, 2009 – What is the current price of gold and silver? Time and time again, investors ask me this vital question, and today I would like to take the time to show you how you could track live spot prices in order to maximize your profit and wealth preservation potential with precious metals. If you are wondering “what is the current price of gold and silver?” you&rsquore most likely referring to the daily market spot price that fluctuates on a daily basis depending on supply and demand for the metals. Spot prices are some of the most important factors that you should keep a close eye on when investing with precious metals, and you could track them by visiting reputable live price websites such as www.GoldPrice.net and www.Kitco.com.
Investors wondering “what is the current price of gold and silver?” may be happy to know that this website also offers live spot prices on the homepage. Today it appears that spot prices are increasing considerably as a direct result of higher safe haven demand that has been on the rise for two weeks now, and currently gold is trading at around $1001.90 per ounce while silver is trading at around $16.67 per ounce. Short-term projections are forecasting that both metals may continue heading upwards if the United States Dollar Index continues to show signs of weakness due to growing inflationary pressures. This being said, don&rsquot forget to closely track spot prices along with the Dollar Index and other important external economic factors in order to potentially maximize your profit and wealth preservation potential with these safe haven assets.
Senior Staff Writer – GoldSilver.org