PRLog - Apr. 11, 2011 - Gold coins hit more record highs last week pushing the futures price of gold coins for June over $1,478 per ounce as weakness in the dollar continues. In overseas trading on Monday, spot gold coins prices hit $1,476.21 per ounce, its highest price ever.
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Demand for gold coins continues to increase as investors see a continuous decline in the value of the United States dollar. As the dollar declines, the price of commodities, such as gold coins, climb in price. The Euro rose to 15-month highs against the dollar and oil prices increased to over $127 per barrel. Even Wal-Mart executives are saying that bad inflation is coming.
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