Members of the Accredited Precious Metals Dealers program is predicting that at year-end gold will close at $1,897 per ounce, silver at $28 per ounce, and platinum at $1,153 per ounce, and perhaps go higher before dropping back.
The members’ estimates for the year-end prices for gold, silver and platinum are the mean averages of price predictions made by 25 accredited dealers across the country who responded to an informal survey.
"We're hearing from dealers that many long-time customers are taking advantage of the recently lower bullion prices to cost average their precious metals investments. We're also hearing about new buyers entering the marketplace because of the high demand for new designs of the 2021-dated United States Mint American Eagle gold and silver bullion coins," explained Richard Weaver, president of the Professional Numismatists Guild.
"Some of the dealers think gold will go over $2,000 but settle back by year's end," said Barry Stuppler, a f
