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Archive for the ‘Gold’ Category

It is not a must for you to know and understand deeply the history of such investment you choose. The history, however, may help you learn more about the importance of the investment you have. Hence it is never wrong to learn and read the history of the way you invest your money. For example you invest your money through gold, then you may want to understand the way price of gold is fixed, by who and where.

Gold prices were fixed at first on September 12^th, 1919 by NM Rothchild & Sons, Sharps Wilkins, Pixley & Abell, Samuel Montagu & Co. and Mocatta & Goldsmid that appeared to be the gold bullion traders and refiners. It was in NM Rothschild & Sons’ office as the place to determine or to fix the gold price. The gold spot was 4 ponds 18 shillings and ninepence per troy ounce. However, the fixing price then is done via telephone twice a day.

There are five participants who take part in fixing the spot gold. The participants are Scotia-Mocatta (successor to mocatta & Goldsmid), Barclays Capital (which replaces NM Rothschild & Sons), Deutsche Bank (the owner of Sharps Pixley), HSBC (the owner of Samuel Montagu & Co) and also Societe Generale (replaced Johnson Matthey and CSFB as the fifth seat). They are fixing the price to be the benchmark of world’s market.

Only gold is guaranteed the best investment. Investment property can be destroyed by natural disaster (earthquake, flood, fire) and cause decrease value. Deposit money in bank is relative safe and only gives small return. Playing index can give high return, but also high risk. Well, among other investment you can be sure to choose gold.

In order to know price of gold, you should call by telephone at 10:30 GMT and 15:00 GMT. Five participants who have dominant role to fix gold price are Scotia-Mocatta, Barclays Capital, HSBC, Deutsche Bank and Societe Generale. You can check in Goldcoinsgain.com to update gold prices everyday. If you plan for earlier pension, you should invest in gold. Gold’s prices are trend to increase day by day. You even can get return in several months’ investment.

You can find gold spot which is fixed in euros, U.S. dollars and british pound in this website. Parents can use gold investment for saving plans of kids. This website has been in the national media such as CNBC, Reuters, Market Watch and International Business Times. You can find world gold coins in this website. Sign up in this website to get free gold guide. Your spot gold should be the spot of your investment.