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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Gold’s price drop creates some demand but not like April

Posted on 21 June 2013

Gold prices dropping to its lowest point in 2 1/2 years is once again creating renewed demand for physical gold; however, it is not to the same degree dealers saw in April. Patrick Heller, owner and CEO of Liberty Coin Service, said he saw a rush Thursday morning when the office first opened but the flow of customers has slowed down a little heading into the afternoon.
Heller added that he has the sense people considered that prices could go lower and are now waiting for prices to go up before they start buying physical gold again………………………………………..Full Article: Source

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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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