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April 1, 2009 - The value of gold coins is increasing today for the second day in a row as the United States Dollar begins to fall versus the euro and safe haven demand for precious metals is increasing as investors nationwide desperately seek a store of wealth and alternative investment. Tomorrow will be an important day for financial markets as world leaders will gather in London in an attempt to tackle the problems occurring in this global economic crisis, yet many investors and market analysts are expecting heavy market instability as a result of this meeting. There has even been some speculation saying that the prominence of the United States Dollar as the global reserve currency may become challenged by a new Chinese currency that could be backed by gold. Any movement along those lines would create so much instability with dollar backed investments, that the value of gold coins could increase exponentially and possibly even reach their projected highs of $1500 per ounce and higher. This could be a good time to begin a diversification while it is still possible.

During the midday trading hours, the value of gold coins are increasing along with the bullion spot price that has climbed to $920.30 per ounce, jumping up .25% for the trading day and also jumping up 4.17% in the last 365 trading days. There are many things that look positive for the future of spot prices, but most importantly the value of the United States Dollar could be the determinant of heavy fluctuation in upcoming months. Make sure you track financial markets in general and invest well as we are officially in the worst financial crisis since the first Great Depression.

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Arthur McGuire

Senior Staff Writer –-Investment.info