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Commodities Briefing - Categorized | Bullion/Gold, Market Pulse more

Gold coin shortage as demand soars

Posted on 26 February 2009

From FT: The rush by retail investors into bullion coins is creating shortages as mints across the world struggle to meet the surge in demand, dealers and mint officials say.

The scarcity is lifting coin premiums to as much as 5 per cent above the spot gold price, a level reached briefly after the collapse of Lehman Brothers last September, when coin shortages also surfaced. …. Full Article: Source


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