Gold and silver are having a good run this week; gold in particular shot up $28.45 in the last seven days before losing $1.10 to end today at $1113.60 per ounce. That’s the highest gold has climbed since November 4, nearly three months ago. Even with a small dip this afternoon, the commodity still gained $7 on the day.
Silver, too, has fared well, making it to $14.33 per ounce today, the highest price assigned to the metal since December 23. The chart below lists prices for gold and silver over the past week according to the London Bullion Market Association.
Gold and Silver Values Per Ounce, 1/19/16 – 1/26/16
|Jan. 19||Jan. 20||Jan. 21||Jan. 22||Jan. 25||Jan. 26|
With gold looking increasingly secure above the $1,100-per-ounce line, it’s possible the U.S. Mint will raise prices on its gold coins sometime soon, per its pricing chart for precious metals. Such an increase would bump the cost of the Mint’s various numismatic gold offerings by $12.15 – $50 per coin.
For more information on the U.S. Mint’s gold and silver offerings, please visit its Web site.