Gold Investing - Gold Closing In On $1100

In case you missed the news, spot gold closed at $1084.50 today even with a strengthening U.S. dollar. There are many predictions on how high gold will be by year end but it looks like it will leave the 2008 year end spot price of $885.50 in the dust.

The interest in owning gold bullion coins is gathering strength too. The U.S. Mint reported a total of 115,500 American Gold Eagles were struck in October which bring the year-to-date total of gold eagles to 1,069,500. Silver eagles had impressive numbers too - 2,939,000 for October and 23,406,500 year-to-date.

I hope you are the proud owner of some of these gold and silver coins as the picture keeps looking better and better.

Happy investing.