Catalog year: 2010
In 2010, the global metals market showed signs of recovery after the global financial crisis of 2008-2009.
Gold continued its upward trend, setting new price records. The average annual cost was approximately $1,225 per ounce.
Silver also rose significantly, ending the year at around $30 per ounce.
Continuing concerns about the state of the global economy supported interest in reliable assets. Quantitative easing measures in the United States and other countries have contributed to the rise in the price of precious metals. The attractiveness of precious metals has increased in comparison with alternative investments (low return on deposits).
In 2010, the global metals market, as well as the market for investment coins and bullion, experienced noticeable changes and trends caused by a variety of factors, including economic instability, inflation and currency fluctuations.
The increased demand for physical gold has led to a significant increase in sales of gold coins and bullion. American Gold Eagle, Canadian Maple Leaf and South African Krugerrand remained popular investment coins.
Anti-inflationary measures taken by central banks and monetary incentives after the financial crisis have contributed to an increase in demand for precious metals as a reliable investment.
Demand growth in developing countries: China and India have shown significant growth in demand for gold, which was caused by both cultural traditions and the growing prosperity of the middle class.
Thus, 2010 turned out to be a very dynamic year for the global metals and investment products market, characterized by significant price increases and increased investor interest.
Gold continued its upward trend, setting new price records. The average annual cost was approximately $1,225 per ounce.
Silver also rose significantly, ending the year at around $30 per ounce.
Continuing concerns about the state of the global economy supported interest in reliable assets. Quantitative easing measures in the United States and other countries have contributed to the rise in the price of precious metals. The attractiveness of precious metals has increased in comparison with alternative investments (low return on deposits).
In 2010, the global metals market, as well as the market for investment coins and bullion, experienced noticeable changes and trends caused by a variety of factors, including economic instability, inflation and currency fluctuations.
The increased demand for physical gold has led to a significant increase in sales of gold coins and bullion. American Gold Eagle, Canadian Maple Leaf and South African Krugerrand remained popular investment coins.
Anti-inflationary measures taken by central banks and monetary incentives after the financial crisis have contributed to an increase in demand for precious metals as a reliable investment.
Demand growth in developing countries: China and India have shown significant growth in demand for gold, which was caused by both cultural traditions and the growing prosperity of the middle class.
Thus, 2010 turned out to be a very dynamic year for the global metals and investment products market, characterized by significant price increases and increased investor interest.
| Metal | Average Closing Price | Year Open | Year Low | Year High | Year Close | Annual % Change |
|---|---|---|---|---|---|---|
| Silver (XAG) | $20.19 | $17.17 | $15.14 | $30.7 | $30.63 | 80.28% |
| Gold (XAU) | $1226.66 | $1113 | $1052.25 | $1426 | $1410.25 | 27.74% |
| Palladium (XPD) | $532.29 | $422 | $397 | $800 | $800 | 102.53% |
| Platinum (XPT) | $1611.51 | $1500 | $1475 | $1786 | $1755 | 20.12% |
* The table shows the average prices for the year based on stock exchange data for 1 ounce of metal.
Price guide:
| # | Name | Series | Images | Price € | Weight | Denomination | Year | Quality | Rating RR |
|---|---|---|---|---|---|---|---|---|---|
| 39 | Year of the Tiger | Australian Lunar Calendar II |
|
46 | 1 oz | 1 Dollar | 2010 | BU | 52 |
| 84 | The American Eagle | The American Eagle |
|
37 | 1 oz | 1 Dollar | 2010 | BU | 49 |
| 106 | Year of the Tiger | Australian Lunar Calendar I |
|
90 | 1 oz | 1 Dollar | 2010 | BU | 63 |
| 138 | The Somali Elephant | African Wildlife: Somali Elephant |
|
71 | 1 oz | 100 Shillings | 2010 | BU | 64 |
| 164 | The Somali Elephant - gilded | African Wildlife: Somali Elephant |
|
126 | 1 oz | 100 Shillings | 2010 | BU Gilded | 73 |