Hold off on gold price explosion; $2,000 won't come this year, here's why
Kitco News
"Gold’s long-term price target is still $2,000, but that price level will not be seen this year, owing to several technical and fundamental hurdles that need to be breached first, this according to Lejun James Shao, a columnist for Seeking Alpha. In a recent Seeking Alpha article, Shao said that gold needs to continue to rally into $1,800 an ounce before it completes its breakout move."
Read Story
Today's Featured Auction: 
1 oz Canadian Gold Maple Leaf .9999 fine Gold Random Year 1 oz. RCM $50 Coin
| |
More Coin, Metals, and Inflation Articles
Sep 18 - UBS is ‘very bullish on gold,’ says prices could stay high longer CNBC
Sep 17 - Gold prices to average above $2,000, Silver to average above $30 through 2024 Kitco
Sep 16 - US dollar falls ahead of the Federal Reserve's rate decision while gold prices rise Business Insider
Sep 15 - Gold prices tally best one-day gain since August as dollar weakness buttresses bullion MarketWatch
Sep 14 - Price of Gold Fundamental Weekly Forecast – Fed May Not Deliver What Gold Bulls Want to Hear FXStreet
Sep 6 - Man jailed over scheme to sell stolen jewellery as gold bullion The Age
Sep 6 - How will the election impact the bullion market? FX Street
Sep 6 - Record Gold Prices Create Insurance Headache for Vault Keepers Bloomberg
Sep 6 - Federal Reserve Action To Propel Gold And Silver Prices Seeking Alpha
Sep 6 - Gold's rally may have paused, but the world's biggest wealth manager still thinks a 10% allocation to bullion is 'not a bad move right now' Business Insider
|
United States Circulating Coin Values
This table does not reflect U.S. Mint production costs, but the pure base metal value that composes the coin. Calculations are based on coin weight, metal composition, and base metal prices. The "Metal % of Face Value" column represents the percentage of metal that comprises the denomination's purchasing power. A coin that is over 100% in this category has more base metal value than purchasing power.
Table based on December 20, 2019 close base metal prices:
Copper $2.7827/lb  0.0023 |
Zinc $1.0533/lb  0.0078 |
Nickel $6.5060/lb 0.0001 |
eBay Auctions Linking To Coinflation.com
United States Circulated Silver Coin Values - Updated Every Minute
These coins were in standard circulation until silver was removed from all coinage in 1965 and 1970 (40% silver half-dollars). I recognize that the silver Eisenhower dollar was issued as a collectible only, but I'm still categorizing it with this group. This table illustrates how far the metal value has progressed compared to the denomination's purchasing power after the debasement.
Table based on September 18, 2020 2:15 PM PDT silver prices:
Silver $26.78/oz -0.27
|
|
|
