Thursday, November 7, 2019



BUYING/SELLING: GOLD, SILVER, PLATINUM, PALLADIUM, COLLECTIBLE COINS, & FINE BULLION ITEMS.

Hough's Coin Shop
16816-D Main St.
Hesperia, Ca 92345

By Appointment Only: (760) 217-5419

Precious Metals Market Update:

Closing New York Spot Prices For Thurssday 11/7/19:

Gold: $1,464.20/oz.
Silver: $16.97/oz.
Platinum: $910/oz.
Palladium: $1,780/oz.

SINCE TODAY'S NEW YORK CLOSE:

Currently, 3:15pm Pacific Time, precious metals prices are mixed on the world spot market.


SILVER
Currently the gold/silver ratio is approximately 86:1 which according to historical pricing makes silver a great buy. Ratio based upon New York Comex spot price futures contracts and does not consider premiums on various gold and silver bars & coins.

The historical gold/silver ratio is approximately 15-16:1. This ratio is for information purposes only.

MOST POPULAR SILVER BULLION ITEMS:

1 Ounce Silver Rounds (Coins).

1 Ounce Silver American Eagles.

10 Ounce Silver Bars.

Pre-1965 90% U.S. Circulated Silver Coins.


TEN YEAR GOLD CHART:

                                        

Year-End (2000-2013), Spot Gold Closing Prices (Per Troy Ounce):

2000: $273.60, 2001: $279.00, 2002: $348.20, 2003: $416.10, 2004: $438.40, 2005: $518.90
2006: $638.00, 2007: $838.00, 2008: $881.00, 2009: $1,096.50, 2010: $1,421.40, 2011: $1,566.40,
2012: $1,664, 2013: $1,205.50, 2014: $1,182.90, 2015: $1,061.00, 2016: $1,150.90, 2017: $1,302.50, 2018: $1,282.10.


MOST POPULAR GOLD BULLION ITEMS:

1 Ounce Gold South African Krugerrands:

1 Ounce Gold American Eagles:
 
Current Gold Spot @ $1,467.95/Ounce.

PRECIOUS METALS & MAJOR INDEXES PERCENTAGE (%) GAIN/LOSS FOR THE WEEK:

Performance Of Precious Metals, Major Stock Indexes, Select Currencies, & Other Commodities, 10/25/19-11/1/19:

Gold: Up $10.00 @ $1,514.10/ozt. (Troy Oz.), +.7%            
Silver: Up $.08 @ $18.08/ozt., +.4%             
Platinum: Up $24 @ $948/ozt., +2.6%                   
Palladium: Up $42 @ $1,792/ozt., +2.4%                   

DOW 30 Ind. Avg: Up 389pts. @ 27,347, +1.4%                
S&P 500: Up 44pts. @ 3,066, +1.5%                      
NASDAQ: Up 143pts. @ 8,386, +1.7%
           
WTI Crude Oil: Down $.40 @ $56.23(bbl), -.7%
Copper-Per Pound: Down $.03 @ $2.62(lb.), -1.1%    
         
USD Index: Down 62bps @ 97.21, -.6%                       
USD/JPY: Down 48bps, @ 108.18, -.4%    
USD/CNY (1 USD/Buys CNY-Chinese Yuan): Down 2bps @ 7.04, -.3%            
UST 10 Year Yield: Down 8ps @ 1.71%, -4.5%           

PRECIOUS METALS GAINS FROM 1/1/2010 TO CURRENT:
Gold 1/1/10 close: $1,096.50/ounce-UP 33%
Silver 1/1/10 close: $16.85/ounce-UP 1%
Platinum 1/1/10 close: $1,467/ounce-DOWN 38%
Palladium 1/1/10 close: $406/ounce-UP 338%

California Sales Tax for coin purchases under $1,500.

PLEASE NOTE: I do not buy polished, doctored, plated and/or colored products.

Buy prices subject to change with market prices.

Hough Precious Metals reserves the right to correct any pricing errors.

Please call Mike at (877) 385-1909 for assistance with your precious metals purchase. Prices and availability subject to change.

Please read IMPORTANT disclaimer posted below.

Thank you.