Gold breaks $1,000

Opening figures today:
Gold:
1006.90
+11.40
+1.15%


And Silver:

16.74
+0.48
+2.96%

and, finally, platinum:

1290.00
+27.00
+2.15%

 

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I really expected all metals to pull back a little this week.

 

so did I, especially after last week's run up.

That is why this was such a shock for me.

 

:wonders if pm's are going to drop like a rock back down to prices of 2 weeks ago:

not today but soon...

 

Not too surprising, I would still expect a pull back of about $50 or so, just not sure if that will be before or after it breaks $1050.

 

Well, it sure was fun while it lasted! I guess we can look foward to $1000 gold agan next year. MetalBidAsk Gold$991.00 $992.00 -7.80 Silver$16.35 $16.40 -0.13 Platinum$1,273.50 $1,283.50 -7.10 Palladium$289.30 $294.30 -5.40 Updated:9/9/2009 2:10:22 PM CST

 

Yes, the 'bullion investing' threads have been mostly silent today haven't they.

 

Guess this means the price of the UHR is safe for another week.

 

Who knows, with the gold price dropping fast you may even get that UHR for hundreds less then you expect!

 

but probably not 25 of them, as they'd likely readjust the limits lower too

 

I am sure some one here on the Forum will buy them for you so you can get the number of coins you want. Coin shops in my area have people that buy for them and the shop pays the buyer a bonus for their trouble.

 

I'm not worried about acquiring many, just saying if prices drop so might household limits per ordering from the Mint site. Personally, I haven't bought a UHR yet and am only planning on getting one Mint boxed/COA version and maybe a slabbed version later on.

 

Great news for all coin collectors!!

 

YUP! these realy LOW gold prices that are comeing will make it much easyer to add to our collections!

 

just hold on it. do not sell. you may regret afterward.

 

okay, so what is your prediction?

 

still go up to $1,350.00 by year end and $1,650.00 by next year.

 

BRIEF-Barrick announces exercise of over-allotment option by underwriters
Thursday September 10, 2009 18:23:47 EDT

Sept 10 (Reuters) - Barrick Gold Corp: * Announces exercise of over-allotment option by underwriters * Says underwriting syndicate exercised in full over-allotment option to buy additional 14.21 million shares * Says underwriters excercised option at $36.95 per share * Says common shares outstanding are expected to increase to approximately 982.7 million ((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780

 

Gold rallies past 1k again to open the day.

 

still looking good today! lets hope it holds MetalBidAsk Gold$1,001.10 $1,002.10 5.30 Silver$16.81 $16.86 0.18 Platinum$1,285.00 $1,295.00 4.30 Palladium$291.50 $296.50 2.10 Updated:9/11/2009 5:31:17 AM CST