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Gold Price Drops by $100/ounce

September 23rd, 2011 | Comments Off | Posted in Geology.com

The price of gold took a record fall today, dropping over $100 per ounce to under $1650 per ounce.

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Gold Price Drops by $100/ounce

September 23rd, 2011 | Comments Off | Posted in Geology.com

The price of gold took a record fall today, dropping over $100 per ounce to under $1650 per ounce.

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Gold Prospecting: Hobby, Part-Time Job, Retirement Activity

September 18th, 2011 | Comments Off | Posted in Geology.com

The high price of gold has turned prospecting into a hobby, a part-time job and a retirement occupation for many people. This video visits some locations in Washington state where prospecting and related activities have attracted the new gold bugs.

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Central Banks Purchasing Tonnes of Gold

August 4th, 2011 | Comments Off | Posted in Geology.com

An article on the Reuters website reports that central banks around the world have purchased about 180 tonnes of gold during 2011 – while gold prices are setting all-time records. Thailand, Mexico , Russia and Korea have been very aggressive gold buyers.

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Gold Price Breaks $1600

July 18th, 2011 | Comments Off | Posted in Geology.com

Gold continued its steady rise in price today by breaking $1600 for the first time. The closing price was $1602.40 – a gain of $12.30. Since 2001 the price of gold has risen 500%.

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$5000 Gold by 2020?

April 25th, 2011 | Comments Off | Posted in Geology.com

Some analysts are predicting a $5000 per ounce gold price by the end of this decade.

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Gold and Silver at High Prices

April 10th, 2011 | Comments Off | Posted in Geology.com

Last week gold set new price records on four consecutive days, reaching $1474 per ounce on Friday. Silver reached $40.46 per ounce, the highest price seen since 1980.

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Finding Gold: Dredging Gold and Platinum Nuggets

February 11th, 2011 | Comments Off | Posted in Geology.com

Video of Matt Mattson scuba diving and operating a portable dredge.

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Giant Gold Nugget: The 100-Ounce Washington Nugget

January 23rd, 2011 | Comments Off | Posted in Geology.com

Last year a man in Nevada City, California found a 100-ounce gold nugget on his property. It’s going to be sold at auction on March 15th in Sacramento. It is expected to sell for between $225,000 and $400,000

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Record Prices for Gold and Copper

December 13th, 2010 | Comments Off | Posted in Geology.com

Gold and copper hit all-time record high prices last week. Intra-day highs were $9044/tonne for copper and $1432/ounce for gold.

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