Precious metals, gold in particular, are trading within a narrow range as of late.
Last week's Fed decision led to the first pause after 10 consecutive rate increases to combat inflation. Typically, this pause would be bullish for gold, as interest rate increases are bearish for gold, making the precious metal less attractive to investors than other financial assets.
However, the Fed also signaled that it may not be done with rate hikes this year, and between that foreboding news and the current strength in the U.S. dollar, gold continues to trade in range for the time being.
The timing of this trading range is also in line with historic patterns, as June is often the start of gold's seasonal weak period. While the past few years have resulted in some mid-year volatility due to the pandemic and other global economic turmoil, the summer months are typically a slower selling period for gold and silver.
The good news is that this is giving would-be gold investors more time to get into the market or strengthen their positions while gold is still under $2,000.
For that reason, we're offering 1 oz. Gold American Eagle and Buffalo coins. Plus, we're adding the benefit of diversity with gold AND silver to your portfolio... we're offering free 1 oz. Silver Eagles for orders of 10 gold coins or more.
Give us a call at 1-800-831-0007 or email us to place your order today!
2023 1 oz. Gold American Eagle or Buffalo Coins
Just $119 over spot
PLUS FREE SHIPPING and 3 FREE 1 oz. Silver Eagles for every 10 oz. of gold you buy!!!
*Prices subject to change based on market fluctuation and product availability. Prices reflected are for cash, check, or bank wire. Minimum order is 1 oz. gold. Free shipping, handling, and insurance are available for silver purchases of 10 oz. or more. Receive three 1 oz. Silver Eagles for every 10 oz. of gold purchased. Offer expires Friday, June 23, 2023, or while supplies last.