Gold-Coin Sales Drop to Decade Low as Retail Buyers Flee

Gold Silver Reports – These days, even coin collectors have turned sour on bullion. Sales of gold coins in the first nine months of the year shrank to the lowest in a decade, U.S. Mint data show.

The metal’s appeal is waning as retail investors seek better returns in equities, lured by the S&P 500 Index’s climb to records, said Peter Thomas, a senior vice president at Zaner Group LLC in Chicago.  

Gold-Coin Sales Drop to Decade Low as Retail Buyers Flee | Neal Bhai Reports | Gold Silver Reports