The worth of precious metals such as gold, silver and platinum has decreased because the rate of US dollar has recently strengthened.
Recently the prices of all the precious metals very enormously high and these high rates of gold, silver and platinum had caused an exceptional purchasing surge. Even the countries who mostly favor gold, turned to buy silver. But the economical and political condition of US is getting better and therefore the value of dollar is increasing. This fact has somehow affected the soaring rates of the precious metals. It seems like the investors will somehow turn towards investing into currency market rather than investing in to gold or silver.
The sudden rise in the value of dollar is mostly featured to the Greece’s demand of addition 60 billion Euros from the European Union, in order to take the Greece out of the financial turmoil. According to some business news reports the European Union will not offer financial aid to Greece in the future, regarding Europe’s bad financial condition. On the other hand it is also predicted that the value of US dollar will face a slump in the future and it is better for the investors to keep gold or silver as an asset.
According to the recent statistics the price of gold has fallen to 1.1 percent and the price of silver has fallen to 4.3 percent. It is probably the right time for the investors to sell their gold and silver because the prices of these precious metals can decrease further more.
Silver and gold can be a perfect gift. People like to prefer and buy these coins and jewelry for the weddings and other gifts which they may offer to their loved ones. It can be a very professional or a very personal choice. Well, the love of the gold of man has been there for centuries, especially women, of courses men do not need to wear the gold rings and lockets, they will not suit them. But when a woman wears it sure looks good. A silver locket with a gold stud with some shiny emerald stone inside may do just the right job for your wedding gift.
If you are about to be wedded or engaged then you can give the young girl you are marrying a gift of the wedding ring, like the one made of gold and has a diamond stud. Give your beloved ones the gifts which are really precious, treat them with precious gifts as they are precious in your lives. A heart shaped locket, a heart shaped silver and gold locket or ring or bracelet or bangle will do the job. There are many silver and gold heart pendants; these are some of the best gifts that you can give to your beloved.
If you are worried about the price then need not to. There are some ties in the year when things get a bit cheaper than the ordinary days, like the holiday season, the Christmas or the Ester (for Christians) or the Eid (for Muslims). In these times things can get a bit on the lower side. There are many special offers offer dint these times, you can take advantage, even if the wedding or the special gift has to be given after a 3 or 4 moths of these season, but you can take advantage and buy the silver and gold stuff when it is at a low.