The Royal Wedding increases gold value

The Royal Wedding of Prince William of Wales and Kate Middleton is set to take place on April 29th, 2011 in Westminster Abbey, London. The lives of the rich and famous, and in this case, also the royal, have been lives full of speculation and public interest. The lives of Prince William and Kate Middleton have also been in public view since their relationship and rumors of their marriage over four years ago in 2007. A part of their marriage speculation includes rumors of Kate wearing a wedding ring made of a very rare welsh gold. The increased media attention on the wedding has also increased attention on the possible wedding rings, and other fine metals to be present at the wedding. With the influx of media attention, gold is now raising in value again.

Kate was also given the engagement ring belonging to Princess Diana. The engagement ring was worth 28,000 pounds, roughly 45,600 U.S dollars back in 1981 when Prince Charles acquired it for Princes Diana. With such an important piece of jewelry re-surfacing for the wedding, more media attention is being placed on these and other precious metals appearing during the wedding.

Photos show Kate Middleton and Princess Diana, both wearing the same engagement ring.

Photos from: http://www.dailymail.co.uk/news/article-1330215/Prince-William-gives-Kate-Middleton-Dianas-engagement-ring.html

With more media attention on gold and the price of gold continuing to rise, now is perfect time to get the best value for gold all around the world. From unwanted or unused gold, to even broken gold chains, watches, and other forms of jewelry, the precious metals in these items still hold value! And now, more than ever, is a perfect time to redeem the value in these metals for real cash. Remember to visit www.cash4gold.com to make the best out of these great times for gold, and get the most cash for your gold.

Gold Prices to Strengthen in Cash Value

The Economic Times has reported that gold may outperform oil as the recession deepens. Gold prices have not fallen as sharply as oil and other commodities, and it is expected that bullion will strengthen as the economy worsens and investment firms are forced to sell gold bullion assets.

Gold bullion dropped 16% in October due to “fund deleveraging”. However, now gold is rising again due to its economic strength in remaining a save haven against inflation.

The article also mentioned that investors are recommending “long gold” v. “short oil”, due to the fact that oil is produced for consumption and gold accumulates over time and is not tied to paper assets. Gold is also rising against other metals like copper and nickel.

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