Gold Futures

Gold Futures

Bullion trade or Gold Futures is the future and it’s based on the same principle. You can make a contract to buy or sell gold futures for a specified number of days. You buy at the actual exchanging rates and sell at the exchanging rates of that day. The difference is your profit for the current transaction. The system even has a unique margin trading system. You can pay just 5 to 10 percent of the entire value and specify if you are willing to pay the rest or not. If you choose not to pay then you will not take the possession of the product. A lot of sites offer information about gold futures for free and anyone can participate in these exchanges. You just need some money to start.

If you are planning to buy gold futures, then you can find information on how to buy gold futures.

Gold Futures Prices or Gold Prices per ounce over last 35 years

Gold Futures Prices or Gold Prices historical data gives us an awesome insight especially for investors looking for an opportunity to invest in Gold. Gold is a safe bet for any investor compared with all other commodities due to the reasons explained above. From $189 in 1975 to over $1800 in 2011 Gold has seen only increase in the price over the years.

The following data gives the Peak Gold Price per ounce over the last 35 years

Peak Gold Prices 1975 - 2010

Year – $US per ounce

1975 – $189
1976 – $145
1977 – $170
1978 – $251
1979 – $543
1980 – $873
1981 – $612
1982 – $509
1983 – $520
1984 – $411
1985 – $351
1986 – $447
1987 – $507
1988 – $489
1989 – $424
1990 – $430
1991 – $407
1992 – $362
1993 – $414
1994 – $402
1995 – $402
1996 – $420
1997 – $369
1998 – $317
1999 – $338
2000 – $323
2001 – $296
2002 – $350
2003 – $420
2004 – $465
2005 – $540
2006 – $720
2007 – $850
2008 – $1000
2009 – $1200
2010 – $1400
2011 – $1850

These are historical gold prices and check out Gold Price for the latest live gold price from the top gold dealers.