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Gold AU Prices POP to 30 day high

Gold prices popped to a four-week high of $1,156.40 in December Comex futures Thursday. The yellow metal saw a combination of strong short covering in the futures market, bargain hunting in the cash market, and some fresh safe-haven demand amid sharp losses in the U.S. stock market. Buy stop orders were triggered when December gold […]

 

A Look at Gold Mining Equipment

At one time gold mining consisted of miners squatting over streams or river beds, swirling their pans and smiling when those shiny bits of earth separated from the sand. You can still find that today, but like any other industry, gold extraction has become a highly mechanized process accomplished with heavy-duty gold mining equipment. Large-scale […]

 

How to Pan for Gold

Panning for gold is still the simplest, easiest, and cheapest way to extract gold, even though it is the oldest form of mining. Panning for gold simply takes a pan and a stream bed with gravel or sediment that’s known to be located over a placer deposit. Panning for gold is a form of placer […]

 

Exploring the Symbolism of Gold

For as long as time has been recorded, gold has been associated with the highest values of influential societies and cultures, symbolizing important traits and objects such as wealth, power, treasure, justice, balance, and the sun. In ancient stories and folk tales throughout history worldwide, gold has always been an important part of the hierarchical, […]

 

Gold’s Uses Throughout History

Gold was the first metal widely known to man. This naturally occurring metal can be found as nuggets or nested in rocks. Its brilliance and malleability makes it fun to work with and easy to mold into shapes. Since being discovered, gold has been used in jewelry, science, and currency and it remains a highly-coveted […]

 

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