Certified Rare Coin Pricing Posted by James Randolph on February 04, 2009
Action Packed Wednesday
February 4, 2009 – Certified rare coin pricing has started to move in the upward direction today and so have bullion prices on this action packed Wednesday due to exciting news for precious metals investors and traumatic news for almost everyone else. The ADP job data released this morning shows that more than half of a million people have already lost their jobs this past January and there are more to come with the governments job cut data coming out this Friday. Just as expected earlier this week, after a three-day loss in value, certified rare coin pricing and bullion pricing have rebounded as a result of this very unfortunate news. Investors are reconsidering their mainstream investments and exchanging them for precious metals in an act of protecting themselves from further economic uncertainty and an even worse financial crisis.
Today we’re seeing the spot price come up to around $901.90 per ounce, which is a $1.30 or .14% increase for the day and a $43.60 or 5.08% increase in the last 30 days. Bullion and certified rare coin pricing projections are continuing to look positive and the explosive inflation we may experience in the near future could result in prices near $2000 per ounce by the end of 2009. There’s really a lot of room for growth right now with precious metals, so those interested in diversifying should do so before it’s too late. Invest well and have a great day.
Senior Staff Writer – Certified Gold Exchange