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Gold Cracks $800 Bench Mark
December 06, 2007



Gold Breaks Through $800 Again

After vacillating between $785 and $795 most of the week, Gold has finally broken back through the $800 bench mark, with a spot price of $805 as of this posting.

Gold futures are also on the go again. But it looks like the rest of this year will remain a period of consolidation for gold and silver prices.

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About the Author
Tom Michael has been Krause Publications primary market analyst on more than 80 world and United States coin catalogs produced over the last 20 years. He came to KP in 1987 with a bachelor of arts degree in history, a master of arts degree in economics and a history of coin collecting stretching back to the 1960s. He began collecting world coins as a child by asking friends and relatives to bring coins back from overseas trips, visiting flea markets and having his mother watch for foreign coins in her register at the local grocery store. Today he works with a dedicated base of over 200 contributors to provide accurate market values for the five-volume Standard Catalog of World Coins series, as well as many specialty catalogs, including Coins & Currency of the Middle East and the fifth edition of Unusual World Coins.

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