The Price of Gold Rises to 2011 Level

1 Ounce Canadian Maple Leaf Credit: Royal Canadian Mint

HISTORY shows that in times of crisis, be it war, financial or widespread disease, many people turn to gold as a way of storing wealth and hopefully profiting in the long run.

At the beginning of July, the yellow metal broke the $1,800 (€1,599) barrier for the first time since 2011 and with the threat of negative interest rates is likely to attract many buyers.

Individuals should never purchase proof gold coins which are priced far higher than spot but should look at modern bullion coins direct from Government mints.

Written by

John Smith

Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Currently he is acting as Editorial Consultant for the paper helping to shape its future development. Share your story with us by emailing, by calling +34 951 38 61 61 or by messaging our Facebook page