Precious metals rose today on US Dollar weakness, with trading relativley light due to the President's Day holiday in the US. European finance ministers were reported to be close to agreement on a Greek bailout, while the Bank of China reduced banks' reserve requirements in a bid to stimulate growth. Several major currencies rose against the US dollar with the euro trading up to USD 1.325. Gold likewise increased to the $1735 level, with silver moving to $33.55. Overall sentiment continues to be bullish for precious metals, as financial uncertainty continues.
If you are considering purchasing precious metals, gold and silver coins remain the most convenient and liquid method for individuals to do so.