Both investors and collectors keep asking themselves if gold is going to skyrocket to $2,000 an ounce or rebalance to a trading range around $1,850. The wavy scenario that has shown both sides of this coin has been playing out throughout the past month as equity markets dropped into bear territory due to war, inflation, pestilence (in the form of COVID) and a shaky world economy – then rebounded. The metals reacted accordingly as nervous stock market investors rushed for the exits.
Anyone who buys, sells, speculates in or collects gold-, silver- or platinum-content coins should be watching precious metal markets for those reasons. Those individuals who are collecting recently released U.S. Mint made-for-collector issues such as commemorative coins, medals and mint and proof sets will see some modest price…
