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Silver Coins Post Biggest Monthly Gain Since 1983

Silver coins posted a strong monthly gain in price during April to a brand new 30 year high.

PRLog - May 2, 2011 - Silver coins posted a strong monthly gain in price during April to a brand new 30 year high. The price of silver coins jumped 28 percent during the month to a high price of $48.599 per ounce.

Experts believe that the increase in the price of silver coins is directly related to the price of gold coins. The price of silver coins has doubled in the past year, despite having lagged the price of gold coins over the past few years. Gold coins have increased in price 33 percent in the past year.

The general decline of the United States dollar and possibility of inflation continues to support the long term price appreciation for silver coins. The dollar posted its fifth monthly decline in six months during April. The Federal Reserve also confirmed that it intends to keep interest rates low to stimulate the economy.

Global Gold Group can help you invest in silver coins to take advantage of the strong move in the price of silver. For more information about investing in silver or gold coins, please check out their website at http://www.aglobalcurrency.com.

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Source:Global Gold Group
Location:United States
Industry:Banking, Government, Jewelry
Tags:silver, invest in silver, silver price, silver bullion, record silver price, american eagle, silver coin, economy, mint
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