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Silver Coin Prices Hit 31 Year High

Silver coin futures prices in New York closed at $31.57 per ounce, up 3.1 percent on Friday alone.

PRLog - Feb. 21, 2011 - Silver coin prices hit a 31 year high last week. Silver coin futures prices in New York closed at $31.57 per ounce, up 3.1 percent on Friday alone. The former high level price for silver coins in the last three decades was $31.09 on January 3.

Traders believe that continued unrest in the Middle East will benefit precious metals prices, such as gold coins and silver coins. The recent protests in Libya, Bahrain and Yemen add further fuel to the fire.

The bullish move in the price of silver bullion and silver coins should support the price of gold coins. Renewed interest in investing in silver coins will create more interest in buying gold coins and push the price of gold higher.

If you are interested in investing in gold coins, Global Gold Group is offering a free Investment Gold Guide at its website http://www.aglobalcurrency.com. The company offers gold bullion coins and pre-1933 gold coins for personal as well as gold backed IRA accounts.

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Source:Global Gold Group
Industry:Finance, Jewelry, Internet
Tags:silver, silver coin, buy gold coin, gold, bullion, price of silver, price of gold, gold ira, invest in gold, platinum
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