Commentary for Monday Aug 19, 2013 – Gold closed down $5.50 today at $1366.20 after trading higher in overnight action and reaching its 100 day moving average ($1382.00). The New York market decided to lock in a portion of last week’s gains ($59.00) as gold is very near 2 month highs.…
Coin collectors know that there are a lot of coins out there that are worth quite a bit. Many coins have a value that is much higher than the value that than the value assigned when they were minted. Even beyond the denomination stamped on the coin itself, many collectible…
Gold jewelry is beautiful, and is often given as gifts for special occasions. Over the years, these gifts can add up to a decent collection. Unfortunately, as times and preferences change, much of this jewelry ends up unused at the bottom of a jewelry box. When this happens to you,…
Commentary for Tuesday, Aug 13, 2013 (www.golddealer.com) – Gold closed down $13.50 today at $1321.20 so pulling back from yesterday’s gains but still solidly above the important $1300.00 level. India announced another hike in fees (10%) for input gold which makes the third increase this year as the government struggles…
Commentary for Monday, Aug 12, 2013 (www.golddealer.com) – Gold closed up $21.80 at $1334.70 testing the upward end of the downward channel and broke to the upside. This crossover indicates short covering and buy stops and the follow through was strong reaching a high of $1343.00 before selling off. And…
Aug 9, 2013 | Raghuram b. Client’s rating: 5 of 5 I am a long time customer and I always satisfied with California Numismatic.
Commentary for Friday, Aug 9, 2013 (www.golddealer.com) – Gold closed modestly higher up $2.20 at $1312.90 which makes for a weekly gain of $3.00 so everything is very quiet and today’s trading volume was thin so the “pop” in this market has moved to another neighborhood. We did however test…
Collecting coins is a fun and popular hobby, but detailed knowledge of many aspects of coins and currency is a necessity that can make this pastime seem intimidating. This video shares a few things that every beginner should learn about collecting rare coins. One of the most important resources for…
Commentary for Wednesday, Aug 7, 2013– Gold closed up $2.90 today to finish the day at $1286.10 after seeing overnight lows of $1273.00 (Hong Kong/London) and domestic lows in New York of $1271.00. The Bank of England again joined the quantitative easing chorus today saying they will keep interest rates…
Commentary for Tuesday, Aug 6, 2013 (www.golddealer.com) – Gold closed weaker today off $19.40 at $1283.20 recovering somewhat from earlier lows of $1278.00 so the $1300.00 level is history for now and until this psychological level can be regained it is fair to say gold will remain defensive. Near term…