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Today, like all investments and commodities, the price of gold is ultimately driven by supply and demand, including hoarding and disposal. Unlike most other commodities, the hoarding and disposal plays a much bigger role in affecting the price, because most of the gold ever mined still exists and is potentially able to come on to the market for the right price. Given the huge quantity of hoarded gold, compared to the annual production, the price of gold is mainly affected by changes in sentiment, rather than changes in annual production.
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How to Tell if a Coin Has Been Cleaned

If there is one sure method of lowering the value of your rare coins, it is to clean them. Cleaning your coins will generally reduce their value by 80%...

Gold Drops Previous Session Gain, Silver Slides 61 Cents

Thu, 14 Aug 2008 22:08:57 +0000
New York gold poked its head out of an eight day dark hole Wednesday only to jump back into it Thursday by dropping its previous day’s gain. Silver and platinum were also daily losers as investors eyed declining oil prices and a strong US dollar.
September crude-oil lost 99 cents from its Wednesday $2.99 gain ...]

Coin Trivia for 15 Jul 2008

1. What three alloys has the Kennedy half been struck in?

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