Silver-Gold-Prices.com News and Information about Investing in Gold & Silver Bullion Coins and Precious Metals

Today is Sunday July 27, 2008 Home Page Precious Metals Gold Silver Platinum

Demand for Gold Besides monetary use, gold is used in jewelry, electrical and electronic applications, dentistry, the aerospace industry and medical and chemical fields. Following US deregulation of gold in 1971, the price increased markedly, even reaching above $800 per troy ounce in 1980. After 1980, the price dropped to the range of $320 to $460 per troy ounce. The rising prices of the 1970's encouraged explorationists and prospectors to search for gold and many new mines opened in the 1980's, resulting in an expansion of gold output. Disclaimer: While Silver-Gold-Prices.com seeks to provide accurate information, it is provided without warranty or claim of reliability. Site visitors must agree that errors or omissions shall not be made the basis for any claim, demand or cause for action. The information has been obtained from sources believed to be reliable, but we do not guarantee its accuracy. We offer information and links for informational purposes only and do not make recommendations regarding the purchase of gold bullion or other precious metals from any particular business or government entity. This site contains information and news from third party business and government web sites as well as links to advertisers. We make no claim of reliablity or accuracy in regard to these web sites.