Meandering Metals

October 1998

Precious Metals:Data & Statistics

Meandering Metals

Gold and platinum prices are $40 lower than this time last year

As we head into the Christmas selling season, gold prices are settling into the mid-$280-to-low-$290 range, about $40 below this time last year. Platinum is moving in a 30-point range, also about $40 below last year. And silver is in the mid-$5-to-low-$6 range, about 50¢ higher than last year.

A focus on quality will help you to maintain margins when you face customers looking for bargains because of the lower gold and platinum prices.



Copyright © 1998 by Bond Communications.


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