Coin News

If you don’t own gold yet, you might really want to hurry up and get some. We keep saying it, but this time it’s not just because physical precious metals are getting incredibly scarce. Purchasing gold may become outright illegal if what’s going on in Connecticut is any indication. Even if Connecticut’s plan to track [...]

Wholesale gold rose to an eight-session high just shy of $1450 per ounce in London trade Thursday morning, recovering 45% of this month’s near-record slump. View full post on Resource Investor

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The local silver coin dealer may prove to be the ultimate silver price indicator. The lower the managed paper price of silver, the more physical metal is reduced due to increased demand.  Furthermore, the higher the demand for silver, the higher the physical premium moves. View full post on The Market Oracle

WHOLESALE gold bullion prices ended Tuesday morning in London at $1655 per ounce, regaining ground lost yesterday to climb back to where it started the week, with dealers reporting signs of strong demand from India and China, the world’s two biggest gold buying nations. Silver climbed to $30.40 an ounce, slightly up on the week [...]

Wholesale gold bullion prices ended Tuesday morning in London at $1,655 per ounce, regaining ground lost yesterday to climb back to where it started the week, with dealers reporting signs of strong demand from India and China, the world’s two biggest gold buying nations. View full post on Resource Investor

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Sharp losses in the gold mining sector Friday and last week could presage further weakness today but the higher weekly closes for gold and silver were constructive from a technical perspective. After initial gains in Asia, gold fell in Asian trading. View full post on Resource Investor

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