Rocketing fuel costs, bad housing news, inflation and recession debates, interest rate adjustments or lack of, a volatile stock market … 2007 has been an interesting one.
Then there’s the shiny stuff … precious metals. They performed in absolute style for 2007 and provided a year of a different type of excitement. Anyone who started the year buying silver, gold or platinum is sure to be smiling ear-to-ear.
Collectors who purchased bullion coins received a double-whammy, experiencing their coins moving up in intrinsic value and the glowing feeling of increased satisfaction with their purchases.
Many analyst are predicting a solid rise in metals and an even sunnier 2008. That, of course, is yet to be seen. There are rarely any sure bets.
The CoinNews 2007 London Fix chart:
Above is the CoinNews.net chart showing the year-to-date London Fix (PM) prices for silver, gold and platinum.
(For periods, the last bullion prices of the month are used.)
Related bullion collector tools
Here are bullion related calculator tools that may interest you: