Will cold gold warm up again?
Precious metals markets definitely appear weak or trending lower as the year ends.
Precious metals markets definitely appear weak or trending lower as the year ends. There should be a test of recent lows and hopefully a healthy consolidation period followed by another rise. Just look at what the Washington establishment is doing to the economy. They passed the biggest spending bill ever in the middle of an economic collapse (health care) and gave away the farm doing it.
Sorry to be political, but it is the root cause of higher precious metals and related coin prices. While gold and silver are close to last week’s numbers, platinum is up $66 on the heels of somewhat stronger oil prices (it’s cold outside).
Gold Eagle premiums have come back into a more normal range with some increased availability while their proof counterparts have lost 25 percent of their premium. Silver Eagles have also shaved some premium but currently only about 10 percent. Platinum Eagles have remained stable with regards to premiums. Type gold remains near recent premium levels.
Proof and mint sets are stable with mostly positive movements.
More Resources:
• State Quarters Deluxe Folder By Warmans
