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Gold coins in short supply, command 50% premium
Popular gold and silver coins such as the one-ounce gold and silver American Eagles produced by United states Mint is not available for sale in the market and those who sell do it at a premium of 50 percent or more on spot price. Read News
James Follette
Can somebody please explain how the price of gold is dropping yet articles like this say that demand is increasing? I hear of my own friends buying gold, but it makes me nervous because the increase in demand is not impacting the price of gold in a predictable/efficient way. Is the gold market liquid?
Posted On : Nov 02, 2008 2:37 AM