Gold and Silver a Tempting Buy for Investors

 

Article By Chris Stevens – Midland Daily News
Posted: Tuesday, January 22, 2013 10:35am
Midland Daily News

Ron Rittenburg has owned Collector’s World in Midland since 1981, so that means he’s seen the price of gold fluctuate in dramatic fashion.

Back in the 1980s, the price of gold was selling between $300 and $400 an ounce. And in recent years, it’s sold for as much as $1,900 an ounce. As of this writing, the week of Jan. 8, the price was listed above $1,600 for an ounce of gold, while silver was at about $31 per ounce. Make no mistake, precious metals — and that includes both gold and silver  — still are a strong temptation for investors. (See More….)

12-Pound Gold Nugget Found in Australia

 

By Michelle Castillo - CBS News – January 18, 2013, 4:59 PM -

An Australian man has found a 12-pound gold nugget in a town known for a gold rush in the 1850s.  The prospector, whose name is not being revealed for privacy reasons, discovered his find in an area of Australia known as the “Golden Triangle,” near the town of Ballarat, Reuters reported.

Ballarat Mining Exchange Gold Shop owner Cordell Kent told Reuters that the man came into his store and weighed the Y-shaped nugged. It measured 8.7 inches long and 5.5 inches wide, and came in at over 12.1 pounds. The man said he found the giant rock using a metal detector. (Read more….)

2013 Gold and Silver Kilo Coins Depict Canada’s Arctic Landscape

 

CoinNews.net
Article by Darrin Lee Unser on January 17, 2013

The Royal Canadian Mint expands on a frigid glacial theme this year with the release of two new coins — Canada’s Arctic Landscape 1 Kilo Fine Gold Coin and Canada’s Arctic Landscape 1 Kilo Fine Silver Coin.

Both kilo coins contain the same basic obverse and reverse imagery. One is in 99.99% pure gold and the other is in 99.99% pure silver. Each is in proof quality with extremely limited mintages. (Read more…..)