The Social Gold Mine
So, whilst the rest of the world was on Royal Baby watch we were very firmly on gold price watch, and we promise it was a lot more exciting than watching the world’s press talk for hours about something they had no information on.
Gold Surges To Its Best Day In 13 Months http://t.co/uuc49tfyZQ
— zerohedge (@zerohedge) July 22, 2013
And of course this has opened the door for the next batch of price predictions. The best article on that elusive $2,000 gold comes courtesy of @gold_tracker’s scoopit feed.
— Hal (@gold_tracker) July 22, 2013
The other interesting news of the day comes courtesy of South Korea who has announced the launch of a gold exchange.
S Korea: new gold trading platform may lack sparkle http://t.co/qNQPTmjt3u
— beyondbrics (@beyondbrics) July 22, 2013
Unfortunately however, it wasn’t all good news. In India the government and central bank are carrying out more controls on gold imports. This evening the Reserve Bank of India have announced that for every amount of gold imported, one-fifth must be used for export.
— Mineweb (@Mineweb) July 22, 2013
And finally, the difference between the gold price and the price of gold, if you’re not familiar already.
Difference between "Gold Price" and "Price of Gold". Gold price is paper promise, price of gold is what you have to pay for physical.
— Alex Stanczyk (@alexstanczyk) July 22, 2013