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Gold
The ”Spot” Price

The spot price of gold is the market price, the price that the gold will sell on the spot, at that time of that day.

The spot drive for gold is constantly changing and fluctuates on a minute-to-minute basis, just like any commodity traded on the market. Typically, spot gold is quoted in price per ounce using U.S. Dollars.

Like most commodities, the price of gold is driven by market conditions – supply and demand, including speculative demand. There are many factors that drive spot gold prices. It is not only bought as an investment, but also for use in other industrial, dental and medical uses and for jewelry. Some of the major influencers on the spot price include investment demand, jewelry demand, currency markets, inflation/deflation, monetary policy including interest rates, risk appetite of the investor, politics and equity markets. The spot price is the generally accepted market price for a raw ounce of unrefined gold.

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I’ve been investing with Tom Cloud since 1999. Tom’s service & advice has been a tremendous blessing to me and my family. The assests that I’ve purchased have grown more than 300% during a time the broader stock market is still down from its highs in 2000 & 2008. I count Tom amongst the finest business men I’ve ever worked with, he’s demonstrated strong integrity & wisdom over the 13 years we’ve worked together.

J.H., CA

My husband & I were referred to Tom by a Ministry that we fully support & trust. Six years ago, our stock portfolio was not appreciating at all. Since that time we have averaged over 20% per year on his recommendations. The things we like the best are his integrity, fast responses, candid assessments & especially how quick out products arrive.

R.C., FL

I have valued Tom’s advice for over 27 years. As an MD, I have to work with people that i can trust as so many people try to reach me. He has continually provided honest staright forward information & very fair prices. He has helped me in other areas besides his expertise that has also been invaluable. Even when metals were flat he would never try to get me buy more and would give me honest assessment of the market. Thanks to Tom Cloud, my retirement account has more than tripled. I would highly recommend him to anyone.

B.M., TX

My working relationship with Tom Cloud & Cloud Resources Group, Inc. has spanned a 20 year period. The service & business relationship has always been one upmost priority. Tom is always very well-informed & knowledgeable about the current market situation and his customer service is exceptional. Anytime I have ever needed a re-sale of assets, Tom has always been quick and efficient in completing the process at a very honest & fair price. I trust Tom Cloud without hesitation because our relationship over the past 20 years has proven one of confidentiality, efficiency and honest business.