Tag Archives: gold demand

Coin Market Trends: The Anatomy of a Price Bottom

Dateline June 12, 2015: How deep of a bear market in gold do we find ourselves in? A recent article on coin market trends by Debarati Roy in Bloomberg sums it up: “Even coin collectors have given up on gold.” Here are some notable quotes from the article:  ” “What we are seeing is complete capitulation,”… Read More »

Gold Jumps in August

Dateline Sept 2, 2015: August 2015 was a good month for gold. Prices for the yellow metal rose 3.4% for the month, according to a report by CoinNews.  Gold for December delivery closed at $1,132.50 for the month. In addition, sales of US bullion coins, such as the Golden Eagle coin, surged at the US Mint in… Read More »

Gold Prices Will Bottom Out in 2015

Dateline March 31,2015: Gold prices will bottom out in 2015, according to a recent Reuters article by Jan Harvey.  Several factors will conspire to cause the two-year-long slide in precious metals to bottom out, including: Better prospects for gold sales in Asia, which will increase demand. The beginning of the Federal Reserve’s rate-rising cycle later this year,… Read More »