It is important for many investors and the economy to be aware of current Gold, Silver, Platinum and other fine metal prices. It was published recently that all three have slid their price per ounce. Gold dropped 0.4% to 1,650 per ounce, Platinum slid almost 2% to 1,560 per ounce, and silver dropped to 31.27$ per ounce. This decline in rare metals can be attributed to a sluggish physical market as well as "turbulences in the global economy". For investors and recreational sellers and buyers, the price of these metals is important to keep record of. From personal experience, my Grandfather collects rare coins and gold pieces, while my uncle invested in Gold many years ago. These are sure investments because Gold is a "stock" that will rarely drop significantly. It would be wise to purchase these metals when they are selling low.
More information can be found at: http://www.reuters.com/article/2012/04/16/us-markets-precious-idUSBRE8390RW20120416
No comments:
Post a Comment