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Oct

05

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

By Tony Seruga

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: Chart

Categories : Private Equity

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