Central Bank

Gold reached a new six year high of $1,411 per ounce last Friday during trading. In the past three weeks, Gold has rallied over $100, an extraordinary . . . .

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Current Rare Coin Listings Updated CLICK HERE for NEW Morgan Silver Dollars CLICK HERE for NEW Peace Silver Dollars CLICK HERE for NEW $20 Gold Saint Gaudens   Links to recent informative articles on precious metals and rare coins:     Gold-Silver Ratio Says Go For The “Grey Metal” One of the oldest sayings in financial markets is that anyone...

The month of May ended last Friday with the price of Gold at $1,306 per ounce. $1,306 was up $21 for the month and the highest price for the month of May. Last Friday, dropping . . . .

During May, Gold has been locked into a $1,270 to $1,300 per ounce trading range. The strong U.S. Dollar, with the Index staying between 97 and 98, has . . . .

The 10-year Treasury rate dropped to below 2.30% briefly this morning. Low interest rates and record high Central Bank Gold buying is providing support for the Gold price. As we go . . . .

It’s somewhat frustrating to watch the Gold price trading. I'm seeing massive accumulation of physical Gold (most likely central banks), while record highs in value of the U.S. Dollar is . . . .

Since I have been gone on vacation, the Gold market has stayed between the $1,272 to $1,300 per ounce price range. Gold has been unable to break above the key $1,300 level, while having . . . .

While two weeks ago the Gold price closed between $1,289 and $1,290.40, only a $1.40 range, the closing range last week . . . .

Gold closed last Friday at $1,293 per ounce, down $19 per ounce for the week. What happened that would cause Gold to break . . .