Blog Post: Gold Coins Up 2.1 Percent for Week

Aug. 9, 2010 - PRLog -- It was a good week to buy gold coins for investment. Gold prices recovered last week, gaining 2.1 percent for the week.

The economic slowing in Japan and a larger than expected loss of 131,000 jobs in the United States jobs report caused the flight to security, pushing the price of gold bullion to over $1200 per ounce. Most economic experts were expecting less than 90,000 jobs lost.

For the week, gold prices increased more than $24 per ounce as investors rushed to purchase gold bullion and gold coins. With the sell off on Friday, the Dow Jones Industrial average is down more than two percent for the year.

This is still a great time to diversify your holdings by buying gold, especially gold bullion, gold coins and pre-1933 gold coins. For more information about investing in gold, contact Global Gold Group at http://www.aglobalcurrency.com for a free portfolio review.