Monday, December 14, 2009

Lots Of Selling Not As Much Buying

That's the state of physical gold in Canada, as high prices induce more people to offload the contents of their jewelry boxes. This report from Canwest News Service suggests that there's more buying interest in silver than gold in Canada right now. A spokesperson for the Royal Canadian Mint said that gold Maple Leafs are still moving steadily, but most of the interest is from United States buyers.


So there we go. As of now, gold's an export trade for Canada.

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