While the United States celebrated the Thanksgiving weekend, gold continued to increase in value. The price opened the week after Thanksgiving with a sizable increase; up as high as $1,370.00 on the last Monday in November 2010. For the latest prices, check out our homepage or London Fixings page. While there’s no way to predict the future, demand for gold is presently strong.
Of course, there’s no single force driving demand; there are a variety of economic and political factors that have impacted the price of gold as it’s risen over the last several years. These contributing forces have caused quite a newsworthy stir as many are taking an interest in the gold market and discussing its trends. To get a sense of the changes in gold prices over time, you can use our interactive historical gold prices chart.
Manhattan Gold and Silver has over a quarter-century of experience in the precious metals refining business. Our gold payouts are fixed daily by the London Bullion Market Association (LBMA). The gold fix is conducted daily at 10:30 a.m. and 3 p.m. London time. As a jeweler, pawnbroker, or other business with gold to recycle, we can give you the information you need to understand gold prices and your gold refining options. When you are ready to sell your gold, we’re ready to help.