Catalog year: 2011
In 2011, the global metals market was characterized by the following main trends and features:
The price of gold reached a historic high in September 2011, exceeding $1,900 per ounce. Demand for gold has increased due to economic instability and the debt crisis in the Eurozone. Interest in gold investment coins and bullion from private investors has increased.
In early 2011, silver prices exceeded $40 per ounce, peaking at $49.80 in April. Later in the year, they dropped to levels of about $30 per ounce.
Platinum and palladium, which are mainly used in the automotive industry (catalysts) and jewelry, also supported some interest from investors. In 2011, platinum prices showed a moderate increase, ranging from 1,500 to 1,900 dollars per ounce. Palladium, despite its lower popularity, also showed positive price dynamics.
Copper prices were relatively high in the first half of the year, but declined in the second half due to concerns about slowing economic growth in China.
There was an increased interest in gold and silver bars of various weight categories. Some banks and dealers of precious metals have reported shortages of physical metal during certain periods of the year.
An increase in the share of precious metals in the portfolios of institutional and private investors. The growing popularity of ETFs (exchange-traded investment funds) backed by precious metals.
Development of online platforms for trading precious metals and investment coins. Improved technologies for verifying the authenticity of bullion and coins.
The price of gold reached a historic high in September 2011, exceeding $1,900 per ounce. Demand for gold has increased due to economic instability and the debt crisis in the Eurozone. Interest in gold investment coins and bullion from private investors has increased.
In early 2011, silver prices exceeded $40 per ounce, peaking at $49.80 in April. Later in the year, they dropped to levels of about $30 per ounce.
Platinum and palladium, which are mainly used in the automotive industry (catalysts) and jewelry, also supported some interest from investors. In 2011, platinum prices showed a moderate increase, ranging from 1,500 to 1,900 dollars per ounce. Palladium, despite its lower popularity, also showed positive price dynamics.
Copper prices were relatively high in the first half of the year, but declined in the second half due to concerns about slowing economic growth in China.
There was an increased interest in gold and silver bars of various weight categories. Some banks and dealers of precious metals have reported shortages of physical metal during certain periods of the year.
An increase in the share of precious metals in the portfolios of institutional and private investors. The growing popularity of ETFs (exchange-traded investment funds) backed by precious metals.
Development of online platforms for trading precious metals and investment coins. Improved technologies for verifying the authenticity of bullion and coins.
Metal | Average Closing Price | Year Open | Year Low | Year High | Year Close | Annual % Change |
---|---|---|---|---|---|---|
Silver (XAG) | $35.12 | $30.67 | $26.16 | $48.7 | $28.18 | -8% |
Gold (XAU) | $1573.16 | $1405.5 | $1316 | $1896.5 | $1574.5 | 11.65% |
Palladium (XPD) | $737.65 | $808 | $553 | $848 | $651 | -18.63% |
Platinum (XPT) | $1719.03 | $1755 | $1354 | $1887 | $1354 | -22.85% |
* 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 |
---|---|---|---|---|---|---|---|---|---|
85 | The American Eagle | The American Eagle | 37 | 1 oz | 1 Dollar | 2011 | BU | 48 | |
107 | Year of the Rabbit | Australian Lunar Calendar II | 45 | 1 oz | 1 Dollar | 2011 | BU | 51 | |
137 | The Somali Elephant | African Wildlife: Somali Elephant | 65 | 1 oz | 100 Shillings | 2011 | BU | 63 | |
163 | The Somali Elephant - gilded | African Wildlife: Somali Elephant | 121 | 1 oz | 100 Shillings | 2011 | BU Gilded | 73 |