May 23,2025
Precious Metals Market:
Current Prices (per ounce):
Gold: $3,347
Silver: $33.19
Platinum: $1,085
Palladium: $994
Market Drivers: Prices are at or near all-time highs, influenced by a weakening U.S. dollar, economic uncertainty, rising geopolitical tensions, central bank gold purchases, and industrial demand.
Outlook: Continued demand and limited supply may keep prices elevated into 2025.
Numismatic Highlights:
New Releases:
Perth Mint’s 225th Anniversary Bullion Coins
2025 American Eagle Silver Coin (U.S. Mint, released May 20)
Butterfly-themed coin
Events & Updates:
2025 Coin of the Year (COTY) Awards announced
New York introduces tax exemption on precious-metal coins
Künker’s eLive Auction 87 showcases rare pieces from the Robert Ronus Collection
Conclusion:
Precious metals remain strong safe-haven assets amid global instability. Meanwhile, numismatic collecting thrives with fresh releases, legal changes, and auctions fueling interest.