Gold prices are down, dollars per ounce. The price of gold is around $880 per ounce and has dropped off dramatically in the last two months. For investors who haven’t gotten in on this run-up yet that could spell a great buying time.
We’ve already seen the price of gold make huge strides toward $1000 per ounce and now with gas in the US creeping over $4 per gallon, the price of gold could follow up just the same. A new article, on the front page of money.com talks about .
If gasoline heads up that high, all commodities could follow. Not just because they’re commodities but because of all the energy it takes to extract and process gold. That and a shaky economy will just allow gold to gain even more.
Now may be the best time to buy into the gold rush before it happens. One of the easiest ways to get into that is to buy a gold etf like GLD. It’s easy and not as expensive as buying and storing gold bullion.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
