Is It Best to Buy Gold Now?


Quick Answer

It is best to buy gold when the price per ounce is the lowest. In January and February 2015, gold prices per ounce ranged from $1,000 to $1,200. The average price per ounce in January 2005 was $420.

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Full Answer

Gold prices have risen steadily over the past decade. The highest price gold traded at was during September 2011, when gold topped out at over $1,800 per ounce. To check up-to-the-minute trading prices on gold, visit GoldPrice.org. Gold can be purchased and traded in a variety of physical forms, including coins, certificates and jewelry. Gold can also be purchased and traded in the form of gold futures, gold ETFs and gold mining stocks.

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