Gold Investment Coins Holding Higher Premiums Over Spot Price

GOLD

As the $2.2 Trillion economic aid package passes the Senate and is on its way to the House, the equity and Gold market heads higher. Shortages in supplies of popular Gold investment coins continue to hold higher premiums over the spot Gold price. The short squeeze on London and U.S. Comex Gold is lightening up and that premium has lowered. At 11am PT today, Gold is trading at $1,652 per ounce, up $17 on good volume.

SILVER

For much of the day Silver has been holding above the $14.50 level on international and domestic commodity markets. We do have a limited supply of 1oz Silver Eagles and Maples, please call for current quote. At 11am PT today, Silver is down $0.03 per ounce, trading at $14.71 on good volume.