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Friday, February 3, 2023

Gold, Silver Spot Prices Sharply Down

This past half hour, I've been getting emails from coin and bullion dealers screaming that gold and silver prices have gone sharply down. Some believe this was caused by the Federal Reserve's interest rate hike.

SD Bullion emailed that gold is down 1% and silver is down 2%.

From their email:


I took a look at their sites and gold and silver are down. Gold is down to around $1,881.45 and silver is down to around $22.75. 

From Golden Eagle Coins's email:


Actually, for those sitting on the fence to buy either gold or silver, this is a good time to jump on in. With the spot prices down, people pay less (even after adding in shipping, handling and sales tax). 

I decided to take advantage of these savings and just completed my order. A birthday present to myself.

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