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

Gold prices are falling, but demand for gold is growing

Posted on 09 January 2014

Gold prices are falling, and yet investors and collectors can’t seem to buy enough of the precious metal. Gold prices fell to a six-month low heading into 2014 (standing at $1,228.60 per ounce Wednesday morning). On Wednesday, just two days after the debut of a British gold bullion coin, the Royal Mint announced that the Sovereign 2014 is out of stock, but it expects to stock the coin again by the end of the month.
“Since the dip in the price of gold, we have seen increased demand for our gold bullion coins from the major coin markets, and this presently shows no sign of abating,” the mint said in an email. “The Royal Mint continues to supply to its customers and is increasing production to accommodate the higher demand.”……………………………………….Full Article: Source


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