Metals Prices Face Pressures

June 1999

Precious Metals & Bench:Data & Statistics

Metals Prices Face Pressures

 Gold prices are edging ever lower, reaching $278.50 per ounce in early April. Look for buying opportunities at summer trade shows and take advantage of lower prices by upgrading your 14k customers to 18k or higher.
 The speculative silver market continues as demand runs ahead of newly mined supplies. But this situation isn't new and it's not enough to prop up prices, which are lower than last year and continued to drop in the first quarter.
 Platinum prices are running lower this year, even dropping below $360 per ounce in mid-April. This was gold-price territory just a few years ago. If nothing else, that should make you consider the platinum possibilities.


Copyright © 1999 by Bond Communications.


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