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Greek Default Threat Supporting Gold Coin Prices

The lingering threat of a Greek debt default supported the price of gold coins last week.

PRLog - June 20, 2011 - The lingering threat of a Greek debt default supported the price of gold coins last week. The price of gold coins has traded in a narrow range last week – closing at $1539 per ounce.

As talks about the Greek debt issue continue, gold coins could trade in a narrow range this week as well. If there are any hiccups in the talks, gold coin prices could definitely break through their narrow trading bands and head for higher prices. Analysts believe that the prices of silver coins are also range bound with the opportunity of higher prices following a bullish move in the price of gold coins.

Gold coin prices and silver coin prices are definitely trending according to the news. Gold coin and silver coin investors should pay careful attention to the news and make adjustments to their portfolios accordingly.

We will be keeping up with the latest news in gold coins and silver coins at http://www.aglobalcurrency.com. We are also offering investors buying gold coins a free Global Gold Group Investment Gold Guide just by visiting our website. Be sure to ask for your complementary copy today.

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Source:Global Gold Group
Location:United States
Industry:Banking, Government, Jewelry
Tags:gold coin, invest in gold, price of gold, greece, economy, default, bond, gold bullion, recession, inflation, silver
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