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Gold Spot Price $1303.85 0.00    Silver Spot Price $16.47 -0.17    Platinum Spot Price $899.00 -9.00    Call Our Gold Bullion Hotline at 800-300-0715 For Live Quotes On Gold Coins And Bars - Always Free, Insured Delivery.
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Daily Gold Bullion Update

May 11, 2009 – Gold bullion has long been a favorite to many American investors who seek an asset that is historically more preservative than mainstream investing methods like stocks, bonds and real estate. There are many different ways to invest in gold bullion, but the two most popular and secure happen to be the physical possession bars and coins. Although there are gold exchange traded funds and stocks, safe haven investors typically diversify into physical possession metals because there is no real security in having someone else holding your hard-earned wealth for you. Three popular companies that produce bullion bars are Pamp Suisse, Credit Suisse and Johnson Matthey. Three of the most popular bullion coins are the American Eagles, Canadian Maple Leafs and South African Krugerrands. It’s important that investors understand that coins typically hold a slightly higher premium than bars due to mining and minting fees. The Certified Gold Exchange recommends that investors work directly with an expert in the market in order to find out exactly which product may be best for their investment goals and needs.

By around 12:20 PM Eastern Standard Time, the gold bullion spot price is taking a small step back for the trading session, currently sitting at around $912.40 per ounce, falling .41% for the day yet still gaining 3.59% in the last 30 days. Market experts are expecting reduced volatility and a short-term trading range between $895 and $920 per ounce unless significant economic data creates more safe haven or risk-taking demand.

Daily Updates Archive

Jonathan Monroe

Senior Staff Writer – Gold-Bullion.org

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