Comments on: Gold Logs Another 11-Month High as Prices Briefly Top $2,000/Oz

By: Kaiser Wilhelm

Kaiser Wilhelm — Mon, 27 Mar 2023 17:40:39 +0000

In reply to Seth Riesling. Seth Riesling and Good Sir Rich, all other considerations and factors aside, and at least in my opinion, it's rather pleasing and almost comforting to see good old gold at the very top of the precious metals heap again.

By: Seth Riesling

Seth Riesling — Tue, 21 Mar 2023 18:59:36 +0000

In reply to Rich. True, the 2-day FOMC meeting of the Fed results released tomorrow will move markets for sure. NumisdudeTX

By: Rich

Rich — Tue, 21 Mar 2023 18:28:46 +0000

In reply to Seth Riesling. Yesterday spot gold hit $2,010 before closing at $1,978. Today, at 2:25 ET spot gold is down to $1,939. Let's see what happens tomorrow after the FED does its thing...

By: Seth Riesling

Seth Riesling — Tue, 21 Mar 2023 17:56:07 +0000

Now, gold is down $40 an ounce this afternoon…any bets about when spot gold price will close at $2000 or above?

NumisdudeTX

By: Seth Riesling

Seth Riesling — Tue, 21 Mar 2023 15:55:51 +0000

In reply to c_q.

Gold is down $31 this morning…

NumisdudeTX

By: c_q

c_q — Tue, 21 Mar 2023 02:14:20 +0000

the futures ladder shows gold going over $2000 starting around june. so maybe a little patience…

By: Kaiser Wilhelm

Kaiser Wilhelm — Mon, 20 Mar 2023 23:52:11 +0000

In reply to Seth Riesling. Exactly, Seth, while the spot prices appear in the chart in the upper right hand corner.

By: Seth Riesling

Seth Riesling — Mon, 20 Mar 2023 23:33:16 +0000

Just remember, the precious metals prices listed in this article each day are for futures contracts for the metals, & are NOT the daily spot fix prices used by coin dealers.

NumisdudeTX

By: Kaiser Wilhelm

Kaiser Wilhelm — Mon, 20 Mar 2023 23:32:42 +0000

In reply to Rich. There's no way to look at this, Good Sir Rich, other than how this elevated gold pricing leads to higher gold product prices at the Mint. I suppose those who already own gold can celebrate while those who are just getting into it will have to bite the bullet.

By: Antonio

Antonio — Mon, 20 Mar 2023 22:37:00 +0000

It may have reached that, but it closed at $1,983.60. Maybe tomorrow.