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Gold Silver Bar Prices

August 25, 2009 – Gold and silver bar prices are seeing mixed fluctuation as the gold spot price tumbles while the silver spot price increases based on lower safe haven demand and higher industrial demand. Typically, gold and silver bar prices fluctuate side-by-side, yet sometimes both metals head in their own respective directions based on investor sentiment. Today’s lower safe haven demand is being sparked by a stronger United States Dollar Index, while the higher industrial demand is being sparked by growing speculation that an economic recovery may be underway. The current gold spot price is fluctuating around $942.60 per ounce, down $11.10 for the trading day while the current silver spot price is fluctuating around $14.23 per ounce, up $.08 for the trading day. The latest short-term projections are forecasting a safe haven rebound before the end of the week if negative economic data continues to flood into our investing markets. This being said, it’s very important that we closely track the market in order to determine the best times to purchase and sell.

In the past month, gold and silver bar prices have shown considerable gains as weakness with the United States Dollar and dollar-backed assets caused many wise investors to turn to safe haven markets. According to several market analysts, the long-term potential of gold and silver looks bullish because both metals are maintaining their traditional roles as assets that resist inflation and deflation. If you would like to learn more about this diverse market, feel free to browse this website or visit www.CertifiedGoldExchange.com and www.Precious-Metal.org for product breakdowns and useful investment strategies.

Shannon King

Senior Staff Writer – GoldSilver.org

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