GOLD COINS IN DEMAND
COINage Magazine|October - November 2024
FEVERISH BUYING AT $2,500 AN OUNCE
- SCOTT A. TRAVERS
GOLD COINS IN DEMAND

Gold pierced the milestone $2,500 per ounce mark, from $2,483.68 in July to $2,514.90 on August 20. Costco is reportedly selling up to $200 million in gold bars per month, and China now has gold-dispensing ATM machines.

Why is there a feeding frenzy in gold?

"People have concerns about safety and protection," said Warren Mills, vice president and chief numismatist at Rare Coins of New Hampshire. "We could be right on the edge of World War III. If all-out war materializes, we could see gold at $10,000 per ounce. The chance of this happening within the next few years is 40%. That's a fair chance, and people should protect themselves with physical gold."

この蚘事は COINage Magazine の October - November 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は COINage Magazine の October - November 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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