Tag: Gold Prices
By Steve Roach – http://www.steveroachonline.com First published in the August 29, 2011, issue of Coin World Investors went crazy for gold the week starting Aug. 7, building on the last decade of gains to an explosive high of $1,801 an ounce in the futures markets while reaching a New York intra-day high of $1,799.20 an […]
The Coin Analyst: U.S. Mint Suspends Sales of Gold Commemorative Coins to Develop New Pricing Structure.
by Louis Golino for Coin Week Within hours of the publication on August 11 of my column on exploding gold prices (http://www.coinweek.com/bullion-report/the-coin-analyst-the-explosion-in-gold-prices-and-the-gold-coin-market/), the U.S. Mint removed the $5 gold commemorative coins that I recommended to readers from its web site (http://www.usmint.gov) for repricing. The spot price of gold had reached the point that the Mint […]
by Louis Golino for Coin Week In the past three days (August 8-10) the price of gold has seen the largest percentage and dollar increase ever in such a brief period. Gold has surpassed the $1800 level as I write this article. This bullish trend shows no sign of abating any time soon. And an […]
By Steve Roach – http://www.steveroachonline.com First published in the August 1, 2011, issue of Coin World Gold bugs rejoiced as gold hit a new all-time high on July 13, reaching nearly $1,590 an ounce in New York before closing at $1,583.50. Gold is up more than 10 percent in 2011, climbing for each of the […]