Certified Coin Values Posted by James Randolph on February 20, 2009
Now Approaching: Record High
February 20, 2009 – The gold spot price and certified coin values are spiking around the world and during midday trading the $1000 per ounce benchmark has officially been surpassed as the metal skyrockets towards its record high of $1033 per ounce. The last time we saw something like this happen was on March 17, 2008, and since then the economy is in an even worse condition and looks to only be getting worse by the day. Investors all over the United States are taking advantage of this opportunity and flocking to the precious metals market as global equities continue in their downward motion and inflation threatens the investment portfolios of nearly anyone diversified in a Dollar-backed asset. Many people have finally come to the realization that we’re in something much worse than a recession and the United States Dollar could soon become a battle-victim of a devastating army of inflation. This is probably an ideal time to track the latest gold and certified coin values in order to enter the market if you haven’t done so already.
During the midday trading hours gold is flying high into the area of $1004.70 per ounce which is an increase of $31.50 for the trading day, an increase of $150.90 in the last 30 trading days and also an increase of $60.10 in the last 365 trading days. As we see these prices in the positives across the board, it’s clear to see that gold has the possibility of continuing its rally into the $1500 per ounce area, thus significantly increasing the certified coin values. I wish you the best luck when investing in precious metals.
Senior Staff Writer – Certified Gold Exchange