dow2664
Negocioenlinea
Gold price per ounce is rising higher as investors look to diversify and find security in the safe haven appeal of the yellow metal. Escalating violence in the Middle East, specifically in regions such as Libya, is causing stock trend lines to waver and is causing currencies to fluctuate. Precious metals are gaining on their safe haven appeal in the current world market environment. Precious metals gold and silver are starting off the new week by hitting record highs according to market posts out of India. The Libyan turmoil has turned trading sentiment towards the yellow metal bullish and investors continue to shift funds from weaker stocks to bullion. Gold investors diversify and gold bullion coins are part of the diversification plans. Approximate markup on gold bullion coins runs about 3 percent and the most popular are the American Gold Eagles, the South African Krugerrand and the Canadian Maple Leaf. These are worldwide, the most popular and the most easily recognized. Diversification often stems from the investor positioning to acquire all three, and the value is primarily based on the gold content and purity. Current gold bullion market tracking reveals that the 1 ounce Eagle is posting at $1,488.17. The 1 ounce Maple is posting at $1,488.17. The 1 ounce Krugerrand is posting a bit lower at $1,484.58. Author: Camillo Zucari
No comments:
Post a Comment