Earlier today, gold hit an all-time high at around 808 euros. In U.S. dollars, gold is still well under it’s peak of $1200+ levels. But the weakness in the Euro (which now stand around $1.36) has created the higher price relative to that currency. This may be the break we’ve been looking for in terms of seeing gold prices dis-associate themselves from the Euro, which has been a leading indicator for gold prices in the last few years.

Right now demand for physical raw gold (coins, bars, etc) is still low considering prices are up which may mean some opportunity for investors. In the last week we’ve seen a greater demand for large bullion gold coins (Krugerrands, 50 Pesos). You can buy the smaller pieces (20 Francs & Sovs) at a very small premiums.

More information on gold and rare coins can be found at David Lawrence Rare Coins.