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Park Avenue Numismatics
2742 Biscayne Blvd.
Miami, FL 33137
 
Toll Free: 888-419-7136

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We use the latest online security processing, so your order is safe & private. We DO NOT disclose any customer information to ANY third party company. Our customer privacy is our priority.

Over 30 Years Experience
Park Avenue has over 30 years experience buying and selling Rare Coin and Precious Metals. We have the knowledge and ability to provide our customers with the best products and services.

Customer Reviews

Gold Could Have More Buyers At $1,400 Than At $1,300

Monday, June 24, 2019

 Scotiabank-"Gold's most recent move to $1,400 an ounce could attract more buyers than the metal's previous key $1,300 level, Scotiabank said in the latest update. The yellow metal rallied to six-year highs last week following a dovish Federal Reserve announcement, which kept rates unchanged but opened a door for future rate cuts. 'Overall, there is a growing 'FOMO risk', where Gold could attract more buyers at $1400, than $1300, reaffirming the belief of some well-known investors that if $1400 breaks, $1700 will happen 'very quickly',' Scotiabank commodity strategist Nicky Shiels said in a note on Thursday. Gold has been 'quietly' outperforming most G-10 currencies since the trade war began, noted Shiels, describing the latest rally as 'standalone gold breakout' that excludes the metal's usual direct correlation with the U.S. dollar."

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