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May 20, 2009 – Inflationary pressures and an overall weakening economy is currently creating significant safe haven demand as wise investors are beginning to shift hard-earned wealth away from dollar backed assets into safe haven precious metals, thus gold and silver bar pricing along with certified rare coin pricing is increasing as a result. Historically, gold and silver bar pricing trades inverse to the strength of the United States Dollar along with mainstream financial markets, and the latest speculation saying that inflation could wither away at the dollar down the road has sparked significant interest in store of wealth assets as opposed to the riskier mainstream investments. Many American investors are catching on to the trend of precious metal investing, especially since the economy currently sits in the worst recessionary cycle since the Great Depression and market analysts are expecting things to get progressively worse as a direct result of failing corporations and excessive overprinting of dollars. Fortunately, wise investors could protect themselves before it’s too late by beginning the appropriate diversification into safe haven metals that have proven their preservation potential over the years.

By around 3:15 PM Eastern Standard Time, gold and silver bar pricing is increasing moderately for the trading day because investors are flocking to products like the Credit Suisse, Pamp Suisse and Engelhard bullion bars. Currently, the gold spot price sits at around $938.50 per ounce, up $13.50 for the day while the silver spot price sits at around $14.28, up $.13 for the day.

Shannon King

Senior Staff Writer – GoldSilver.org

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