Category Archives: precious metals prices

Jeff Garrett: Do Bullion Prices Still Matter?

While prices of gold and silver have cooled, the collectible coin market is still on a hot streak   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… This afternoon, I saw another slip in the prices for gold and silver. At the time of writing, the spot price of gold stands at $1,710, and […]

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Jeff Garrett: Gold Prices are Rising — That’s Good News for Collectors

Previous price spikes sparked new interest in hobby – let’s hope that happens again   By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… I began my career in numismatics in the mid-1970s. At the time, precious metal prices played a relatively small role in the market for rare coins. Gold sold for around $150 […]

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Jim Bisognani: Conversations With Two Numismatists in Ukraine

The hobby perseveres in a war zone, and a quick look at the pre-1933 US gold coin market   By Jim Bisognani – NGC Weekly Market Report …… As the war in Ukraine rages, I felt duty bound to take a look at some of that besieged country’s numismatics. As this European nation is a […]

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JPMorgan Ordered to Pay Record $920 Million for Precious Metals Spoofing, Manipulation

Commodity Futures Trading Commission (CFTC) ……   The Commodity Futures Trading Commission (CFTC) today issued an order filing and settling charges against JPMorgan Chase & Company (JPMC & Co.) and its subsidiaries, JPMorgan Chase Bank, N.A., and J.P. Morgan Securities LLC (JPMS) (collectively JPM), for manipulative and deceptive conduct and spoofing that spanned at least […]

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Buy/Sell Formulas for Gold and Silver

A frequent question I am asked is what kind of buy/sell formulas for gold and silver my company might use if prices soar far above their current levels. An implicit question that is part of that is whether people would even be able to sell their precious metals at all.
Most, but not all, coin dealers are seek to make a profit margin, whether buying or selling

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Precious Metals’ Soaring Prices Drives Buyers

By Patrick A. Heller
Have you heard the adage of “be careful what you wish for as you may get it?” That certainly applies to people who purchase precious metals in anticipation of soaring prices.
If the prices of gold, silver, platinum, and palladium rise significantly, these moves would not occur in a vacuum

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Federal Reserve capitulates

(Image courtesy www.thebalance.com)
Thirty-seven months ago, the Federal Open Market Committee raised the federal funds interest rate from zero to one-fourth of a percent, the first rate change in seven years

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