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.
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