praha1

UBS Lowers Gold Expectations Again

Retail gold and silver i.e. maple leaf one ounce gold and one ounce silver coins has dropped lately to about $900 U.S. for gold and $17.50 for silver (from $930 - 980 and $20 - $22) . This could be a portent of a major retail price drop in precious metals. Analyses should be done not only for current retail prices but also for the amount (quantity) offered for retail sale. My own subjective assessment is that more quantity is being offered and therefore retail prices could be moving down slightly.

Retail platinum has decreased from about $1550 U.S. to about $1400 as well. Retail palladium is still for the most part - not available.