Comments on: Gold Logs 1.5-Month Low on Tuesday, Feb. 21 https://www.coinnews.net/2023/02/21/gold-logs-1-5-month-low-on-tuesday-feb-21/ CoinNews delivers the latest World and US coin news Wed, 22 Feb 2023 22:08:30 +0000 hourly 1 https://wordpress.org/?v=7.0.1 By: Rich https://www.coinnews.net/2023/02/21/gold-logs-1-5-month-low-on-tuesday-feb-21/#comment-518568 Wed, 22 Feb 2023 22:08:30 +0000 https://www.coinnews.net/?p=94457#comment-518568 In reply to Rich.

Update on the current Mint price of the American Eagle 2022 One Ounce Palladium Reverse Proof Coin: the price dropped $100 this afternoon (2/22/23) to $2,400 with 696 coins still available (at 5pm ET).

]]> By: Rich https://www.coinnews.net/2023/02/21/gold-logs-1-5-month-low-on-tuesday-feb-21/#comment-518556 Wed, 22 Feb 2023 17:40:45 +0000 https://www.coinnews.net/?p=94457#comment-518556 Sir Kaiser, your attention to the price comparisons between Gold and Palladium over the past year is noteworthy. Palladium has fallen considerably over the last year: on the day of the Ukraine invasion, February 24, 2022, Palladium’s spot price was $2,533 per ounce; it then spiked to $3,104 on March 8, 2022; and today (February 22, 2023) it is currently down to $1,424 at the time of this posting. Consequently, the Mint’s price for the American Eagle 2022 One Ounce Palladium Reverse Proof Coin this week is $2,500, down from it’s initial price of $3,050 (and the price of $3,150 it reached 2 weeks after it’s release).

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