Has there been any great change in gold prices recently?

Question by Stiffler: Has there been any great change in gold prices recently?
I have no experience with gold, and called a company that advertised with an 800 number on one of the news network channels.
I was told they would send me a brochure a week ago, which I haven’t received yet (a week later).

It annoyed me that some guy named Arthur from this company called me and left a message that there were some “maaajor changes happening today” in the gold market, and to call him back “as soon as possible”.
That sounded like horse excrement to me, and high-pressure sales tactics.

So HAVE there been any changes? Is there anything that would warrant this call?
It frankly makes me reluctant to deal with ANYONE in this company, and seek my advice elsewhere.
It’s particularly scammish that I haven’t received any information, and they were already hustling me to buy.

I know at thanksgiving gold was about 750 an ounce, and has been fluctuating somewhere over 900 recently.

Any advice on where to go for LEGITIMATE advice and purchase of gold?
How risky or stable is gold?
If not gold, what would you recommend?

Best answer:

Answer by andrew l
As the US dollar declines, golds value increases. The exact conversion of gold to dollars fluctuates daily. You can buy it on the NYSE, or are you interested in actually purchasing bullion? My rule of thumb, if something seems shady – it usually is. I’m sure they aren’t in business by helping you out. It is most likely them ripping you off.

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