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Gold Closes Over $1800 During Today's Stock Market Crash
Gold coin prices are skyrocketing to new record closing prices yet again.
Wholesale prices jumped more than forecast in July spooking investors and causing a rush to buy gold coins. Producer prices were double analyst expectations and the core index jumped the largest amount since January. The inflation fear caused a selloff in the dollar and pushed the price of gold coins higher in heavy trading.
Gold coin prices are up more than 25 percent this year after hitting a interday record price of $1817.60 just last week.
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