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  • Golden Arches plus gold coins equals golden opportunity

    In what clearly is nothing short of a golden opportunity, the Golden Arches is giving away gold coins. The management group for McDonald's restaurants in Qatar is giving customers a chance to win 36 gold coins, each one containing four grams of gold, according to the Gulf Times. All they have to do...
  • Gold nugget finder describes search

    The Northern California man who found a 6-plus pound gold nugget acknowledged he was lucky when stumbling on the find, according to the Sacramento Bee newspaper. But in an interview with the publication, for which he insisted on anonymity at least until the nugget is auctioned, he cited his knowled...
  • Indian Temple Well-Stocked with Gold Assets

    An Indian temple adorned with precious metals as ornaments and jewelry is one of the richest in the subcontinent, according to a published report that cited the shrine's audit report. Located about 256 kilometers (nearly 160 miles) East of Mumbai, the Shirdi Sai temple of Maharashtra has precious m...
  • Societe General: Precious metals will perform strongly next year

    Investors should gather healthy stockpiles of gold, silver, and palladium because the precious metals will continue swinging upward next year, according to the commodities research head of Societe Generale. "We might see some gold-price rally again because of the recent fears regarding sovereign de...
  • 6 Reasons Why Gold and Silver Are Going Higher

    This week saw gold cross the $1,400 barrier for the first time, before it pulled back. Is the gold bull market over? Ha! Since my $50 Silver and $2,500 Gold report launched Oct. 8, gold gained more than $150 to its recent peak — at a time when many people were expecting gold to take a trip back to...
  • Silver dollar minted in 1794 fetches almost $110,000 in Missouri auction

    A silver dollar minted shortly after the American Revolution fetched nearly $110,000 at the October 15 Scotsman's auction in St. Charles, Missouri. The final price for the VF-30 graded coin was $109,250; in total, the auction brought in $1,585,574 with 84.9 percent of the available lots sold. Know...
  • Why was gold so important as a currency?

    Gold has a long and important history as a currency - a medium of exchange, lubricating the wheels of commerce. Why is that, though? What makes gold - as well as its more common cousin, silver - so important to global commerce? First, it's important to understand that anything can act as currency -...
  • India: The World's Most Important Gold Market?

    There's a country that has an enormous impact on the price of gold globally, and therefore, on the U.S. market. India, the world's second most populous nation, is also the leader in terms of gold consumption. In India, yellow metal, also known as, gold biscuits, plays several roles. It's tradition...
  • Demand for one-ounce Gold Buffalo so strong, U.S. Mint ran out

    Need a sign that demand for gold coins is surging in the troubled economic environment? The U.S. government has helpfully provided one. Last month, Reuters reported that the U.S. Mint has run out of 2010 American Buffalo One Ounce Gold Coins. The 24-karat coins are notable for containing an ounce ...
  • Is the Swiss Franc Gold-Backed?

    There's a popular conception that the Swiss franc - one of the few independent currencies left in Western Europe - is backed by gold. Indeed, until the year 2000, the Swiss currency was legally required to be 40 percent backed by the nation's gold reserves. However, a Swiss referendum - the country...

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