GoldSmart Network ™

Every day on the TV or radio news, in the newspaper and on the Internet someone is reporting the “gold price” but what does it really mean? Gold is traded 24 hours a day, all around the globe.  Somewhere right now someone is buying and selling gold.  It might be the Chinese Central Bank or [...]

Something we are often asked to clarify is this business of the “troy ounce” used in the precious metal business. When you see a price on TV for the gold market, it is expressed in US dollars per troy ounce. Now you won’t find a troy ounce on your kitchen scale, or anywhere else outside [...]