Posts Tagged ‘gold prices’

Gold Prices Fall yet again this Year

Thursday, June 20th, 2013

Precious metals have felt the effects of the economy lately as prices of gold have fallen significantly this year. The idea that the efforts of the Federal Reserve buying bonds will be winding down is behind much of the loss in value. Gold is not the only metal feeling the down-turn currently though. Mining ETFs, silver and copper have also felt the blunt blows of reality. It really depends on who you talk to as there are no set dates and the bond buying shall continue basically unchanged for now. Being able to forecast the economic climate over the rest of this year is simply not possible. However, the lowered gold prices could be signaling buying opportunities. The difference in gold values from as recently as last year vs. this year are tremendous, thus the speculation remains as treacherous as ever. This is especially true in the economic climate today when investors are basing many decisions on reports of only the potential easing of the monetary policies which have played such an intrinsic role in the gold values recently. After all, once the dust settles some time this year most likely, the old facts such as escalated debt and maybe even inflation could result in another run in gold prices.

Find Stability in Gold Coins

Thursday, October 27th, 2011

The variations in gold prices this year have seen a fairly wide range when you look at certain periods of 2011. The price rising has certainly caught a lot of attention as it always does when this happens. The prices falling though seem to make a bit less of a splash in the media overall though. This year has seen gold prices reaching upwards of $1,900 while declining into the range of $1,650 recently this year as well. The fluctuations may not represent the wildest ranges ever but it does cause many of the would be investors to take proper notice of the fact that all that does go up must eventually come down.

Timing is certainly the chief element in the minds of many people who either decided to get in, get out or stay away completely. The opinions of the rapid declines witnessed latter in 2011 do range just as widely but no matter who you actually listen to, you have to wonder if gold is still worthy of investing in just to take advantage of the upward motion of its prices. This is what some call a hot topic and many say that it is too late to jump on board. We as coin collectors however really may not feel the direct impact of falling gold prices because the gold coins which we focus on have numismatic values as well as all that being a collector brings to the table so to speak.

For investors though, gold is as you know used as a hedge against the times we are experiencing economically on a global scale hence all the upward movement in price during 2011. It is, no matter what side of the fence you sit on, representative of the economic times around the entire world obviously. Gold is indeed a powerful commodity but it may be best left to those who are interested in the investing side or the gold bullion side when it comes to following the heard. We have seen some nice increases in gold coin values over the last year and more stability as well, but thankfully this is not quite so directly tied to the wild ride which gold investors have been on and will likely continue to experience into 2012 from the look of things globally.

Not knowing the Value of an Old Gold Coin

Monday, November 8th, 2010

We are familiar with that uneasy feeling not quite knowing what the value of the old coin that you are looking to buy or sell actually is. Yet keep in mind that set values are often relative to who you are dealing with, and can definitely fluctuate.

Gold Coin Value

Coin collectors know that old gold coins are basically pieces of art, and that often makes them very expensive. Scarcity and rareness of the coins often makes them even more valuable, but not necessarily always. The composition of gold coins often includes gold, silver and alloy, and this can affect their value as well. Traditionally these were the primary medium of exchange or trading.

These days, to check the actual value of an old gold coin, you may want consult some experts for an authenticated value or at least opinion. There are also reputable and credible books to give you more information on the value of the gold coin yet these can become outdated quickly.

The value of these coins basically varies based on different perspectives. If you were to ask a straight business trader, or gold buyer, they will base the value mainly on the current value of the gold. The collectors have a higher appreciation for gold coins. They are more valuable to them for their particular condition, vintage and rarity. If you plan on selling your coins, and the purpose is to make a profit on your investment, it would be wise to deal with the coin collectors and not with the traders in many instances. That is unless the coin only constitutes the value by the price of gold in weight.

Ultimately not knowing the value of an old gold coin that you buy for more than what the value actually is can be an exciting event. This has probably happened to anyone who has been coin collecting for a while. It happened to us with an old 5 dollar gold coin just recently. However on the other side of the coin, so to speak, if you do the opposite when selling it can be a real downer. Just keep in mind that the more knowledge you gain regarding the value of coins, the more likely you will be to enjoy more prosperous acquisitions and transactions.

Gold Coin Dollar Coins as Speculative Investing

Monday, April 26th, 2010

A good deal of people who are new to coin collecting will often have some really good questions about the hobby. Although most of the time these inquiries are going to be fairly similar types of questions regarding to who, what and where interests, more and more these days they refer to more of a specific investing angle. A specific reference would be gold bullion investing which has reached a premium over spot value. The values overall will always fluctuate is the main point to keep in mind, therefore any speculative investing should ultimately be left to the experts in this type of investing strategy.

Certainly gold coin dollar coins are excellent, solid and tangible assets but for those who wish to buy and sell on upward trending need to be really careful. Always remember that everything that goes up must come down sooner or later. Most experts are predicting that the upward trending in the value of gold will continue for quite some time, and the global market changes would definitely seem to be backing this perspective up. The thing is that nobody really knows when gold prices will decline. Will they decline significantly? This is simply the same type of questions you would ask about real estate or any other form of speculative investing.