After last week’s crushing blows to both gold and silver, yesterday provided a bit of relief as both the metals gained a few percentage points back.
Silver opened the day’s trading at $19.77, and currently sits at $19.43. Gold opened the day’s trading at $1,259, and currently sits at $1,248. Both of these prices represent significant gains over the bottoms last week around $18.50 and $1,200.
2013 Silver Eagles at Market-Leading Prices
We were able to lock in substantial quantities of 2013 American Silver Eagles at very low premiums prior to the drops in silver prices over the past few weeks. As a result of that, we have large shipments of low-premium 2013 Eagles arriving once a week, starting on July 8th.
2013 Silver Eagles from $3.29 Over Spot
We currently are pre-selling the first batch for shipment starting on July 8th at rates as low as $3.29 per ounce over spot price, which is currently the lowest in the retail industry. We hope to maintain these low premiums throughout the next few weeks, but if the market makes another substantial shift we could see premiums skyrocket at the wholesale and then the retail levels.
As always, we will update you on any market moves along with any pricing or promotional sales. Make sure to log into www.JMBullion.com to quickly lock in your orders online, or give us a call at 800-276-6508 for any questions or orders. Good luck investing.
JM Bullion
