Gold prices in the last 10 Yrs

It may seem extraordinary but, just 10 years ago, an ounce of gold was valued at around $252.00. Five years ago, that price had risen to $386.50. An increase of 53% in the value of anything over 5 years is well worth having. Here's the big news, an ounce of gold is now worth over $900.00 and climbing. Incredible, isn't it? That means that, in just the last 5 years, gold values have moved upwards by a staggering 155%. I defy anyone to find another widely-held investment item that has enjoyed such an upward surge in value. Experts say that gold prices may soar upwards to $2000.00 per ounce. With this happening, more and more people are getting into weekend prospecting. How else can you spend a day enjoying nature and also make money. One other important factor to keep in mind is that the current gold prices are the result of a decade of commodity price inflation followed by a 'flight to gold' as a safe haven in this recession. This combination of factors is unlikely to occur again for many, many years. Gold prices are at the highest that they have ever been.





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