The rise in the price of gold over the past few years is almost unbelievable. If you look at a graph that charts the price of gold over the last 10 years you can see a meteoric rise in the gold price.
In 2002, one troy ounce of gold would sell for around US$300. Apart from a sharp downturn around 2008 when the financial crisis first hit, the rise in the price of gold has been fast and consistent.
Gold is now trading at over US$1700 per troy ounce.
Silver has also mirrored the rise in the price of gold over the past decade. 2002 saw the price of silver hovering around US$5 per ounce. Nowadays the price of silver is well over US$30 per troy ounce. Continue reading
EzyCash Gold Buyers
Phone: (09) 570 1511
Fax: (09) 570 1527
30B Jellicoe Road
Panmure, Auckland East