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Gold Ending Month at Three Week High

The price of gold coins hit a three week high going into the three-day Memorial Day weekend.

 
PRLog - June 1, 2011 - The price of gold coins hit a three week high going into the three-day Memorial Day weekend. The price of an ounce of gold hit $1538 per ounce last Friday before settling near $1535 per ounce. The strength in the gold coin price was attributed to the fear over Greek debt problems spreading to other countries across Europe.

According to gold traders, the price of gold coins could make a run to new record highs later this year as long as the price of gold coins found support after the three-day weekend. Gold coin prices could also be supported in the coming weeks due to the weakness in the United States dollar. Traditionally, the price of gold coins trades inversely with the value of the United States dollar.

Global Gold Group can help you take advantage of the falling dollar and continued threat of global inflation by investing in high quality government issued gold and silver coins. We are also offering investors a free Investment Gold Guide simply by checking out our website. For more information, please visit us online at http://www.aglobalcurrency.com.

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Source:Global Gold Group
Industry:Jewelry, Finance, Business
Tags:gold coin, invest in gold, buy gold, invest in silver, inflation, economy, dollar, price of gold, debt, greece, Finance
Shortcut:prlog.org/11521778
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