Canadian Gold Price Charts
Compared With USD Charts
Gold Price Increases Ahead:
A lot of investors are now recognizing that gold and silver currently have an top side potentiality to appreciate to a level that has not been envisioned since 1980. One gold exploration company chairperson sees the situation as being similar to the one of the late 1970’s, and investors are once more considering gold coins, and gold bullion, as a significant hedge against the uncertainly of war, rising prices and the likely destruction of wealth due to a precarious dollar. Gold’s recent performance is also gathering serious interest from investors as it has outstripped the S&P 500 index for the last five years in succession. Gold and silver prices have moved steadily upwards since 2001, as the worth of the dollar has diminished.
Many experts consider that this constitutes a longer-term rebound, which is rather immature and that gold could go to $2000 Per Ounce.
Robert McEwen, chairperson and chief executive of a Canada-based gold mining company is exceedingly bullish on the future prospect for gold. “I anticipate it to test $850 by the end of 2008, and by the end of 2010, north of $2,000, potentially $5,000,” McEwen declared in a recent interview. Firm gold and commodity prices are encouraging investment in the exploration for new deposits by numerous gold mining companies around the globe. His company is presently searching for gold on mineral leases in central Nevada and anticipates spending around $50,000,000 to develop the area over the coming years.
CAD $ per oz. Spot Gold Chart
USD per oz. Comparison Chart
CAD $ per oz. 24 Hour Gold Chart
USD per oz. Comparison Chart
CAD $ per Kilogram Spot Gold Chart
USD per Kilogram Comparison Chart
CAD $ per Kilogram 24 Hour Gold Chart
USD per Kilogram Comparison Chart
Junior Gold and Silver Miners Staged to Climb
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Mr. Melek predicted an average price of around US$850 an ounce in the first half of 2009. Tha… Read more…
Gold Price Falls Below $900
Gold as a safe haven investment On February 9th, 2009 the gold price fell below $900 … Read more… 
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