The news of gold price at its all time high was met with thunderous claps by investors and the global markets alike in the current state of the global economy. The yellow precious metal has a tradition of being one of the world’s “safe haven” has proved its role once again when all the markets are in stress. On September, the price of gold has increased to a record of more than $1,270 an ounce and this current price is seen to be likely to affect the gold products of the United States Mint.
Over the last 12 months gold prices have surged steadily and do not have any sign of letting up. Rumours has it that the increase price of gold will also increase the selling price of the US Mint products that include the 2010 Proof Gold Buffalo and the First Spouse Gold Coins series as they are the two most sought after gold bullion coins in the United States.
It is widely known that the United States Mint adjusts the prices for numismatic gold products on a weekly basis and the changes are dominated by the average of the London Fix prices during the opening period of 5 working days that usually starts on Thursday. However, the weakening dollar in U.S. equity markets have sparked an interest in buying gold as the value of the precious yellow metal will only soar in the future. It can be proven when the First Spouse God Coins increased from the initial selling price of $779 to $804 during the final day sale.
Over the past three years, the world’s gold prices soared from $400 to $1,100 and there are three known reason why the precious metal is having so much success in the market. The first reason is because of the sudden fall of the US Dollar. Secondly is the beginning trend of the Central Banks buying gold and the third reason is the increased interest of gold as a commodity trading. Gold investment is already in high demand and is surely get higher by the year.
With the current state of world economy hanging imbalanced and the US Dollar spiralling slowly but steadily, the investors are spurred to purchase and acquire bullion gold to protect their wealth better than any other commodities in the world. And with the rapid growth of gold the central banks are watching it carefully and are working on maintaining the price at under $35 an ounce for as long as they can so the paper currencies are not replaced by gold currency. To turn gold to profit and get profit from it, gold just has to be owned and wait for the global gold market to be more bullish than it is now.
|
Auctions in eBay
|
| 2010 W First Spouse Gold Half Ounce Coin 10 Abigail Fillmore NGC MS 70 | |
 |
$800.00 Time Remaining: 17d 1h 5m Buy It Now for only: $800.00 Buy It Now | Add to watch list |
| LOT OF 20 UNC Proof 2015 W First Spouse Gold Kennedy Boxs COA No Coin | |
 |
$11.59 (6 Bids) Time Remaining: 5h 59m |
| 2011 W First Spouse Lucretia Garfield PCGS PR69DCAM 10 Gold Proof Coin 685 | |
 |
$849.00 Time Remaining: 29d 21h 18m Buy It Now for only: $849.00 Buy It Now | Add to watch list |
| 2011 W Lucy Hayes First Spouse Proof Coin Mint BoxCOA No Gold Coin PA2 | |
 |
$17.99 Time Remaining: 29d 21h 19m Buy It Now for only: $17.99 Buy It Now | Add to watch list |
| 2011 W Lucretia Garfield FIRST SPOUSE SERIES 10 Gold Proof Coin PCGS PR69DCAM | |
 |
$849.00 Time Remaining: 29d 21h 19m Buy It Now for only: $849.00 Buy It Now | Add to watch list |
| 2011W Lucy Hayes First Spouse 10 Gold Proof Coin Mint BoxCOA For the Coin Only | |
 |
$17.99 Time Remaining: 29d 21h 19m Buy It Now for only: $17.99 Buy It Now | Add to watch list |
| 2016 W 10 Gold Proof PAT NIXON First Spouse Coin PCGS PR68DCAM FIRST STRIKE | |
 |
$749.99 Time Remaining: 9d 1h 45m Buy It Now for only: $749.99 Buy It Now | Add to watch list |
| 2010 W First Spouse Gold Half Ounce Coin 10 Abigail Fillmore PCGS MS 70 | |
 |
$825.00 Time Remaining: 5d 2h 27m Buy It Now for only: $825.00 Buy It Now | Add to watch list |
| 2011W Eliza Johnson First Spouse Uncirculated 10 Gold Coin OGPCOA No 10 Coin | |
 |
$19.95 Time Remaining: 29d 21h 19m Buy It Now for only: $19.95 Buy It Now | Add to watch list |
| 2010 W Buchanans Liberty First Spouse Gold Coin PCGS MS 70 First Strike | |
 |
$975.00 Time Remaining: 26d 7h 8m Buy It Now for only: $975.00 Buy It Now | Add to watch list |
| First Spouse Series Mary Lincoln 2010 PCGS PR69DCAM 10 24K 999 Pure Gold Coin | |
 |
$849.00 Time Remaining: 29d 21h 18m Buy It Now for only: $849.00 Buy It Now | Add to watch list |
| 2010 W Jane Pierce First Spouse 10 Gold Uncirculated OGP COA No 10 Coin | |
 |
$17.95 Time Remaining: 29d 21h 18m Buy It Now for only: $17.95 Buy It Now | Add to watch list |
| 2015 W First Spouse 1 2 oz Gold Coin 10 Elizabeth Bess Truman NGC MS 70 | |
 |
$868.00 Time Remaining: 2d 3h 55m Buy It Now for only: $868.00 Buy It Now | Add to watch list |
| 2008 W Jacksons Liberty Unc 10 Gold Half Oz Commemorative First Spouse Coin | |
 |
$950.00 Time Remaining: 16d 21h 2m Buy It Now for only: $950.00 Buy It Now | Add to watch list |
| 2010 W BUCHANANS LIBERTY First Spouse Gold Coin 10 PCGS MS70 First Strike FS | |
 |
$900.00 Time Remaining: 21d 1h 6m Buy It Now for only: $900.00 Buy It Now | Add to watch list |
| 2010 W Jane Pierce First Spouse Proof 10 Gold Coin OGP COA No 10 Coin | |
 |
$17.95 Time Remaining: 29d 21h 19m Buy It Now for only: $17.95 Buy It Now | Add to watch list |
| 2009 W LETITIA TYLER 10 FIRST SPOUSE PROOF 1 2 OZ Gold Coin W ORIG BOX | |
 |
$865.00 Time Remaining: 26d 3h 26m Buy It Now for only: $865.00 Buy It Now | Add to watch list |
| 2010 W Jane Pierce First Spouse Proof 10 Gold Coin OGP COA No 10 Coin | |
 |
$15.95 Time Remaining: 29d 21h 19m Buy It Now for only: $15.95 Buy It Now | Add to watch list |
| 2015 W 10 Jacqueline Kennedy First Spouse Gold Proof Coin | |
 |
$799.00 Time Remaining: 9d 4h 33m Buy It Now for only: $799.00 Buy It Now | Add to watch list |
| 2010 W Abigail Fillmore First Spouse Proof Coin Mint BoxCOA No Gold Coin X62 | |
 |
$14.99 Time Remaining: 29d 21h 19m Buy It Now for only: $14.99 Buy It Now | Add to watch list |