‘Gold Rush’ Bubble? US Gold Coin Sales Fall 25% In 2012

Today’s AM fix was USD 1,653.75, EUR 1,029.60 and GBP 1,267.82 per ounce.  
Friday’s AM fix was USD 1,632.25, EUR 1,254.32 and GBP 1,018.37 per ounce.

Silver is trading at $30.21/oz, €23.29/oz and £18.89/oz. Platinum is trading at $1,565.50/oz, palladium at $682.00/oz and rhodium at $1,150/oz.  
Cross Currency Table – (Bloomberg)

Gold dropped $8.20 or 0.49% in New York on Friday and closed at $1,656.30/oz. Silver slipped to as low as $29.22 in London, but it then rallied to as high as $30.25 in New York and finished with a gain of 0.2%. Gold finished down 0.05% for the week, while silver was up 0.53%.

Mark OByrne

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