Highest-Paying Gold Buyer In Houston

Houston Gold & Silver, the highest paying gold buyers in Houston, TX and the #1 business to sell gold in Houston, invites you to come in and get to know us today. We buy all types of gold including gold jewelry, gold coins, gold bars, estate gold, old gold, new gold, unwanted and damaged gold. We will also purchase your silver and platinum so come in today and walk out with a smile on your face and cash in your pocket!

Visit us at our convenient location:
Houston Gold & Silver - 19333 Hwy 59 N, #100 - Humble, TX 77338 - 281-361-3377

Tuesday, February 26, 2013

Will Gold Prices Keep Rising or Drop Like a Rock?

What's going on with gold prices lately? Today is February 26, 2013 and I see that the price of gold hit $1,621.40 today and the trading day is not even over. That's not an all-time high but it is a very decent price, especially if you are looking for a gold buyer so you can sell gold.. But what if you're thinking about buying some gold? Should you purchase gold right now? Is this a good time to sell some gold? Aargh! What should we do?

Let's look at some of the articles on the web today. There is certainly no shortage of them. I'm going to share some of the best articles I found today in the post below.

Let's see what some other writers are writing about the question of whether to buy gold or sell gold (or neither) right now and other topics related to gold prices.




What Drives the Price of Gold and Silver? | Keith Weiner ... 2/25/13

If there is a credible rumor that the Fed is planning to further extend its “Quantitative Easing”, how would you expect the monetary metals to react? Typically, the gold price would rise and the silver price would rise even more. The question is why.

Traders read the headlines and they know how the price “should” react to such news, and they begin buying. For a while, the prophecy fulfills itself. But then what happens next? It may take an hour or a month, but sooner or later some of the new buyers begin to sell. What can be bought on speculation using leverage must eventually be sold.


Gold price: the real reasons to be nervous about further falls - Frik Els2/22/13

Gold price: Forget the death cross, here are the real reasons to be nervous You're calling me a gold bear? After an unnerving $45 fall on Wednesday, gold is trying to build support around $1,570 an ounce. At these levels gold is down more than $330 from the all-time high above $1,900 an ounce set in August 2011.

The yellow metal is also getting dangerously close to straying into bear territory – officially defined as a 20% pullback. Wednesday afternoon gold briefly touched $1,555 – that's an 18.5% retreat from the record high.

Here is a roundup of some of the reasons why gold's "long up cycle from 2001 to the present is very likely hitting an inflection point".


  Silver and Gold Prices: Can the Gold Price Close Over $1,605? - Franklin Sanders

Gold Price Close Today : 1586.20. Change : 13.80 or 0.88% Silver Price Close Today : 28.987. Change : 0.527 or 1.85%

The GOLD PRICE made progress today in climbing above the lower channel line that has held it in since last November. This is positive, but not dispositive. Gold's first task is to climb over $1,605. From there I expect it to march very quickly toward $1,640. If it doesn't, then the falling hasn't ended.


Current gold prices may constitute a buying opportunity - Dubai Chronicle

Current gold prices may constitute a buying opportunityDubai ChronicleWe do not share this view; in contrast, we do think that these current prices constitute a buying opportunity, as the key drivers and issues are far from being resolved. 


Gold's price cycle likely to have turned: analysts - Taipei Times

Proactive Investors AustraliaGold's price cycle likely to have turned: analystsTaipei TimesGold's price cycle has probably turned as the recovery in the US economy gathers momentum and investment holdings collapse, according to Goldman Sachs Group In ...


Today's Gold price per ounce Spot gold per gram price Trend; Spot silver 

Business InsiderToday's Gold price per ounce Spot gold per gram price Trend; Spot silver ...Learning and FinanceGold contract price closed up to 1,586.60 per troy ounce. Silver contract price finished the session higher at 28.99 per troy ounce. Safe ...


Lear Capital: Gold Price at Tipping Point - International Business Times

International Business TimesLear Capital: Gold Price at Tipping PointInternational Business TimesIf each citizen in India and China, accumulated just an additional quarter ounce of gold in this next year, that would increase demand by $1 trillion at ...


The bottom line is that gold has fallen and may continue to fall. If you're thinking about selling your gold, now would be a great time, before the price falls anymore:

...gold is down more than $330 from the all-time high above $1,900 an ounce set in August 2011.

Why Gold Is Falling - By Paul Nathan

Friday, February 22, 2013
Gold peaked at just over 1900 dollars an ounce about a year and a half ago and has been falling ever since. As of this writing gold hasn't broken to new lows, but it may. The question is "why"? There are many reasons, but the first and foremost reason is due to an incorrect monetary assessment by most gold bugs and their followers.

I would like to point out that if you live in Houston, TX and you want to sell gold in Houston, I highly recommend that you call or visit Houston Gold and Silver, the #1 gold buyers Houston has. 

Here's how to reach us: 

Houston Gold & Silver
19333 Hwy 59 N
Humble, TX 77338
(281) 361-3377

I hope you learned something new and helpful from one or more of these articles. Please let us know by posting your comment. Comments are open.