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Gold Silver Prices

August 24, 2009 – Gold and silver prices could fluctuate heavily on a daily basis, and that’s why it’s very important that investors learn how to track the spot prices in order to have a better understanding of their investment direction. Tracking gold and silver prices starts with tracking the daily market spot prices. You can do this by visiting reputable websites like www.GoldPrice.net and www.Kitco.com. Remember that the spot prices are not the actual prices that you pay for your bars or coins, they are simply base prices that are set on commodities exchanges worldwide in order to help investors determine the value of 1-ounce of gold or silver.

Determining the actual gold and silver prices of bars and coins is relatively easy, and there are several ways to do it. One of the easiest ways to determine the prices of bars and coins is by contacting reputable precious metal dealers that can give you updated quotes on their most popular products. Always remember that modern-day bullion bars and coins like the American Eagles and Credit Suisse bars hold low premiums above their respective spot prices, usually no more than 5% while pre-1933 certified rare coins like the $20 Saint Gaudens and Morgan Dollars hold higher premiums above their respective spot prices, all depending on the condition and rarity of the coins.

If you would like to learn more about modern-day bullion bars and coins, try visiting reputable websites like www.Gold-Bullion.org.

If you would like to learn more about pre-1933 certified rare coins, try visiting reputable websites like www.Rare-Coin.org.

Shannon King

Senior Staff Writer – GoldSilver.org

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