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Gold Spot Price $1269.3 +1.50    Silver Spot Price $16.34 +0.06    Platinum Spot Price $866.00 +4.00    Call Our Gold Bullion Hotline at 800-300-0715 For Live Quotes On Gold Coins And Bars - Always Free, Insured Delivery.
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Daily Gold Bullion Update

June 1, 2009 – Learning how to buy gold bullion the correct way can sometimes be a hassle to new investors who know little about the precious metal market, and this is why it is crucial that you deal directly with a market expert before making any investment decision. There are many different factors that affect the gold bullion market, and understanding these factors could help you maximize your investment potential in both the short-term and long-term perspective. When learning how to buy gold bullion, it is also very important that you analyze your investing goals and needs in order to find out whether the metal is right for you. Always remember that bullion is seen as a short-term profit-taking investment, which basically means that most investors usually purchase bars or coins when the spot price is low and then liquidate when the spot price is higher. In the past few years, this has made many investors significant chunks of profit, and from 2001 to 2008, the metal increased in value more than 300%, giving many investors the profit that they seeked as the economy slowly but surely entered the current recessionary cycle.

By around 1:30 PM Eastern Standard Time, the spot price of gold is fluctuating between gains and losses for the trading session, and it currently sits at around $979.20 per ounce, down $.40 for the day yet still up $93.10 in the last year. Don’t forget to browse through the website if you seek further information on how to buy gold bullion at a discount price with free next day delivery.

Daily Updates Archive

Jonathan Monroe

Senior Staff Writer - Gold-Bullion.org

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