Gold coins are excellent investments that can help any financially savvy individual diversify his or her financial portfolio. To learn more about the value of gold coins and the factors that cause the demand for gold coins to increase and decrease, watch this video clip.
In it, Bloomberg’s Scarlet Fu discusses how fluctuation in currency values and the demand for gold coins is interrelated. At times when currencies are less stable, the price of gold tends to go up. As a result, fewer people buy gold coins. Inversely, the demand for gold coins rises when the price of gold drops because investors speculate that it is only a matter of time before the price of gold rises again.
After experiencing years of upward movement, the price of gold has fallen recently. If you would like to take advantage of these lower prices to expand your gold coin holdings, call California Numismatic Investments at (800) 225-7531 or visit their page about buying precious metals. You can also browse our gold coin inventory on our website.