Park Avenue Numismatics
5084 Biscayne Blvd, Suite 105
Miami, FL 33137
Toll Free: 888-419-7136
Secure Private Ordering
We use the latest online security processing, so your order is safe & private. We DO NOT disclose any customer information to ANY third party company. Our customer privacy is our priority.
Over 30 Years Experience
Park Avenue has over 30 years experience buying and selling Rare Coin and Precious Metals. We have the knowledge and ability to provide our customers with the best products and services.
$1,800+ Gold Despite Greenback Strength
Gold last traded at $1,810 an ounce. Silver at $24.96 an ounce.
NEWS SUMMARY: Precious metal prices rose Tuesday on bargain-hunting despite a firmer dollar. U.S. stocks attempted to rebound after concerns about the spread of Covid-19's delta variant caused investors to dump equities in the prior session.
FX sTREET--"Gold holds lower ground near $1,812 ahead of Monday's European session. The yellow metal's latest pullback could be traced to the market's rush to risk-safety amid the coronavirus (COVID-19) woes in Asia-Pacific nations.
Also weighing on the market sentiment, putting a safe-haven bid under the US dollar and dragging gold, could be the indecision over the Fed's next moves. This could well back the Financial Times (FT) piece suggesting that the bullish bets on the US Dollar Index (DXY) jump to the highest in over a year.
Given the light calendar day ahead, headlines concerning the Delta variant of the covid, mainly from the UK and Australia, will be the key to watch for fresh impulse....
The recent increase of concerns over the spread of the delta variant is hurting risk appetite which could fall into the hands of both the price of gold and the US dollar."