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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.

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Gold prices edge up on tepid dollar

Tuesday, March 19, 2019

 -Reuters "Gold prices rose for a third consecutive session on Tuesday as the dollar weakened on expectations that the U.S. Federal Reserve will maintain a dovish tone at its monetary policy meeting this week. The dollar, which eased marginally against major currencies, traded close to a two-week low posted in the previous session. Traders currently expect there will be no U.S. rate hikes this year, and are even building in bets for a rate cut in 2020. Federal Reserve Chairman Jerome Powell will speak at a news conference on Wednesday....SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings rose about 1.1 percent on Monday, its biggest one-day percentage gain since Jan. 18."

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