Gold, Silver Coin Dealers See Price Hikes Next Year
Dealers in gold and silver coins expect higher prices next year, according to a poll released Tuesday by the Professional Numismatists Guild.
A poll of members resulted in gold price forecasts for the end of the first quarter 2012 ranging from a low of $1,475 per ounce to a high of $2,155, with a mean average of $1,759.57.
Their estimates for gold at the end of 2012 varied from $1,450 up to $2,575 with the average $1,976.22.
Predictions about silver in the first quarter varied from $24.35 per ounce to $57.50 with a mean average of $34.04, and from$23 to $130 with the average of $48.73 by the end of 2012, said the guild, which is based in Temecula, Calif.
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