
The price of gold increased by 6% during the third quarter of 2010, as reported by US Mint. This surge stemmed from the increased demand of bullion gold and gold coin of 5% in September. The US dollar’s decline also boosted gold investment. Hedge funds also played a part in boosting the gold coins’ prices. It was suggested that the US Mint had trouble keeping up with the production of gold coins and bullion gold due to the increasing gold demand. The 24-karat American Gold Buffalo and the Canadian Gold Maple Leaf coins were the market’s favorite for the third quarter. Understanding … [Read more...]







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