Precious Metals Prices Climb After Ukraine Referendum Tangible Investments and GoCoins.com buy and sell rare coins, precious metals, fine art and jewelry.   BBB - Better Business Bureau
 info@gocoins.com Tangible Investments, LLC. | 1910 S Coast Hwy | Laguna Beach, CA 92651 facebook twitter YouTube LinkedIn Google+ Instagram Pinterest Email  
Precious Metals Prices Climb After Ukraine Referendum
Posted May 12th, 2014

TANGIBLE INVESTMENTS - Los Angeles - by James O'Dell - Gold and silver prices rebounded sharply on Monday with gold briefly breaching the $1,300 an ounce level and currently trading at $1,296.30 an ounce while silver gained 2 percent and is trading at $19.56 an ounce. “It’s a combination of geopolitical risk, principally although not exclusively the Ukraine, and the euro is up slightly. That might be lending a little bit of support to the gold market as well,” said HSBC's Jim Steel.
 
Premiums over the global benchmark price of gold rose on Monday in China, the world's top consumer of the yellow metal, but still remain well below highs reached earlier in the year. “Gold popped through the 200 day moving average at $1,298.30, and then buying acclerated,” said Heraeus trader Alexander Zumpfe. “That doesn’t change the rangebound picture, though.”  Gold has been trading within a tight $30 range spanning $1,285 to $1,315 an ounce since mid-April.
 
Meanwhile, weekend referendums held by separatists in Ukraine's eastern region, were dismissed as “a farce” with no legal basis, by the nation's interim president, Oleksandr V. Turchynov, on Monday. The Kremlin, however, responded to the results of the separatist referendum by stating that Russia “respects the will of the population” in Donetsk and Luhansk, the regions that participated in the balloting on Sunday, but appeared to leave open the possibility of mediation as a way to resolve the crisis.
 
After Russian lawmakers moved quickly to annex Crimea following an eerily similar referendum last month, the West will be watching Russian troop movements very closely. European Union (EU) foreign ministers met today in Brussels to not only freeze the assets of two companies expropriated in Crimea after Russia's annexation, but also to sanction the ex-Soviet nation, for its encroachment into Ukraine for the first time.
 
It's important to protect your hard earned wealth during these times of economic uncertainty, and at Tangible Investments (learn about us here), it
doesn't matter whether you're new to precious metals or a seasoned veteran, you will always be dealing with top industry experts. Take a moment and browse our vast selection of valuable collectibles, then call Toll Free 1.800.741.5014 today and let the helpful staff at Tangible Investments assist you in your next purchase or sale. Have you claimed your FREE COIN yet?



Gallery or Rarities

View our Selection of Rare Coins

Why Choose Tangible Investments?
Contact Form
Name*

Email*

Message


CAPTCHA Image   Reload Image
Security Code*
Subscribe to Our Newsletter
Professional Memberships
Professional Memberships BBB - Better Business Bureau ICTA - Industrial Council for Tangible Assets NGC - Numismatic Guaranty Corporation PNG - Professional Numismatic Guild ANA - American Numismatic Association PCGS - Professional Coin Grading Service
Follow Us
facebook
twitter
YouTube
LinkedIn
Google+
Instagram
Pinterest
Email
Contact Us
Call: 888.655.9255
Email: info@gocoins.com

Hours of Operation
Monday - Friday 10 AM to 5 PM
Saturday 10 AM to 4 PM
Sunday Closed

Huntington Beach:
16121 Beach Blvd.
Huntington Beach, CA 92647

Laguna Beach:
1910 S Coast Hwy
Laguna Beach, CA 92651

Click Here for Directions
Click Here for Directions
HOME      ABOUT US      BUY FROM US      SELL TO US      LOANS      CONSIGN/AUCTION      SERVICES      MEDIA      CONTACT US
Copyright © 2019 Tangible Investments, LLC. All Rights Reserved. Privacy Policy | Terms & Conditions 
PCGS CO-FOUNDER - MORE THAN $2 BILLION TRANSACTED - 200 YEARS COMBINED EXPERIENCE
Coins & Currency - Gold - Silver - Platinum - Watches - Jewelry
Tangible Investments, LLC. | 888.655.9255 | info@gocoins.com
Huntington Beach: 16121 Beach Blvd. | Huntington Beach, CA 92647
Laguna Beach: 1910 S Coast Hwy | Laguna Beach, CA 92651