Options
US mint gold prices probably dropping this Wed 12/19
Nooker
Posts: 634
US mint gold prices have held steady for the last 8 weeks, but will probably be dropping this week.
So far this past 3 daily sessions, it's averaging about $1695, which drops it down to the next lower pricing tier, as long as the closing price for tues & Wed is below $1706, the average will stay below $1699, which would result in a US Mint price drop of $50 per ounce.
So I would suggest you hold off any US Mint gold purchases until Wednesday afternoon.
From last week:
7 days ending 12/12/12:
Gold avg: $1706.90 (down $5.65); Criteria #1 (no change); AGE (proof) $1985
So far this past 3 daily sessions, it's averaging about $1695, which drops it down to the next lower pricing tier, as long as the closing price for tues & Wed is below $1706, the average will stay below $1699, which would result in a US Mint price drop of $50 per ounce.
So I would suggest you hold off any US Mint gold purchases until Wednesday afternoon.
From last week:
7 days ending 12/12/12:
Gold avg: $1706.90 (down $5.65); Criteria #1 (no change); AGE (proof) $1985
0
Comments
Practice makes perfect & nobody is perfect. So, practice being nobody and be perfect !