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| Above, Niue Godzilla vs. Kong silver two dollar coin. Photo by Armand Vaquer. |
Thanks to the weakness of the U.S. dollar, gold and silver prices have been surging.
This is good news for sellers, but not for buyers.
According to Coin News:
Precious metals finished higher, across-the-board, for a second straight session Thursday. Gold’s increase was its third in a row. The yellow metal ended above $1,800 an ounce for the first time since Friday.
Gold for February delivery tacked on $3.50, or 0.2%, to settle at $1,801.50 an ounce on the Comex division of the New York Mercantile Exchange.
Gold futures traded between $1,793.20 and $1,806.90. They climbed 0.9% on Wednesday, they edged up 0.06% on Tuesday, and they fell 1.6% on Monday.
Silver for March delivery settled up 32.4 cents, or 1.4%, to $23.246 an ounce. Silver futures ranged from $22.72 and $23.43. They jumped 2.6% on Wednesday, they shed 0.4% on Tuesday, and they dropped 3.6% on Monday.
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