Park Avenue Numismatics
5084 Biscayne Blvd, Suite 105
Miami, FL 33137
Toll Free: 888-419-7136
Secure Private Ordering
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.
Gold prices pop to 6-year peak as China virus fears fuel market unease
MARKETWATCH--"Gold prices on Monday headed to a more than six-year high, as fears of the economic impact of a fast-moving viral outbreak hurt appetite for stocks and powered buying in assets perceived as havens. 'The anticipated Wuhan flu contagion triggered sell-off in equity markets will likely drive gold demand out of the gates today, and long-term strategic buyers could compound the move higher as they start to position for the 'Wu-flu' to spread at a faster pace in the coming weeks,' wrote independent trader Stephen Innes, in a daily research note....Gains for bullion are putting the precious metal on track to top its highest closing level since 2013, according to FactSet data. Stocks are under pressure, supporting gains precious metals and bond prices, with the 10-year Treasury note yield, that moves in the opposite direction of prices, down at 1.62% from 1.68% late Friday. Silver prices were up 13 cents, putting the commodity on pace for its highest close in about three weeks."
