Why is gold & silver way up? I’ll tell you exactly why…
04/21/24 Gold & Silver Price Report

Commercial Rare Coins
Local Coin Shop located in Lauderdale By The Sea, FL

954-776-COIN

Bullion Concierge
For special orders of gold and/or silver.
Please feel free to contact us with any questions on how to get started.

(954) 302-2046

Antiques & Jewelry By The Sea
Antique Shop located in Lauderdale By The Sea

(954) 835-5015

Commercial Rare Coins & Precious Metals
In the business since 1977 and at the same location since 1995!
2nd Generation coin dealer with great reputation & trust throughout the metals community.
Commercial Rare Coins
219 Commercial Blvd,
Lauderdale By The Sea, FL 33308
954-776-COIN
We are open 10am-4pm Mon-Fri.
Stop by and visit us at the store!
All About Commercial Rare Coins & Precious Metals Coin Shop…
We’ve been buying, selling and appraising gold, silver, rare coins, currency, and Antiques for over thirty years. We carry an extensive inventory of gold, silver, and platinum coins/ bars/ rounds. We also carry flatware, hollowware, jewelry, and many types of collectibles. We have served South Florida since 1977, let our 30 years of experience help you get the most for your items….(read more)

LEARN MORE ABOUT: Precious Metals IRAs

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing

REVEALED: Best Investment During Inflation

Investors around the world have been closely monitoring the recent surge in gold and silver prices. Both precious metals have seen significant gains in value in recent months, with gold reaching new record highs and silver not far behind.

There are a number of factors driving the price increases of gold and silver, but one of the main reasons for their strong performance is the current economic uncertainty and market volatility. The ongoing COVID-19 pandemic has severely impacted global economies, causing widespread job losses, supply chain disruptions, and a sharp decline in consumer spending. In times of economic turmoil, investors often turn to safe-haven assets like gold and silver to protect their wealth and hedge against inflation.

Another key factor driving up the prices of gold and silver is the unprecedented stimulus measures taken by central banks and governments around the world to support their economies during the pandemic. The massive injections of liquidity into the financial system have raised concerns about the long-term impact of inflation, leading investors to seek out assets that retain their value during times of monetary instability.

Geopolitical tensions and global trade disputes have also contributed to the rise in gold and silver prices. The ongoing trade war between the United States and China, as well as political unrest in various parts of the world, have heightened concerns about the stability of the global economy and financial markets. In such uncertain times, gold and silver are seen as safe havens that can provide protection against geopolitical risks and market volatility.

In addition to these external factors, the supply-demand dynamics of gold and silver play a key role in determining their prices. Both metals have limited availability and are mined in relatively small quantities compared to other commodities. As a result, any increase in demand or decrease in supply can have a significant impact on their prices.

Overall, the combination of economic uncertainty, monetary stimulus, geopolitical tensions, and supply-demand dynamics has created a perfect storm for gold and silver prices to soar. While the future trajectory of these precious metals remains uncertain, investors continue to flock to them as a safe-haven investment in these turbulent times.