OnlyGold Buy and Sell Gold Coins
The Definitive Site For Gold
Contact Us
Toggle Menu

Gold Article - Full story

    Select a different article
New Year, New Price Levels
(January 3, 2011) 2010 was a gangbuster year for the precious metals – gold gained some 28% in the twelve months just past, while silver added a whopping 79%. Palladium was the overall winner for the year, breaking the $800 mark for the first time this century, up some 89% in 2010. Platinum was the laggard, up some 17% for the year.
Call it sector inflation, or the fear factor born of quantitative easing, or a flight to safety, but the entire precious metals group had a bang-up year in 2010. Physical off-take was brisk worldwide, as metals continued to find new homes in private hands.

Silver was the headline story for 2010, especially in the US where the Mint cranked out over 34 million silver Eagles, a whopping 20% production gain over 2009’s figures.

Despite new record prices for gold, and increased investment in the yellow metal worldwide, US retail gold bullion sales were not as robust as in 2009. Gold bullion takes many different forms in different parts of the world, but a good indicator of US investor interest is reflected in the production figures of the US Mint’s popular gold Eagles. Sales of gold Eagles in 2010 were down some 15% from 2009's levels.


Onlygold.Com BBB Business Review

Onlygold did business at the same location for more than sixteen years. CMI Gold & Silver Inc. has done business from three locations in Phoenix since 1973.

Both firms are Accredited Businesses with the Better Business Bureau, and neither firm has had a complaint filed with the BBB—ever!

In addition to gold, silver, platinum, and palladium in coin and bullion form, we also purchase a wide range of numismatic coins and currency for our retail business. Feel free to call us for quotes or price indications on anything in coins, bullion, and paper money.

We have really strong bids for gold and silver bullion and coins. is owned & published by CMI Gold & Silver Inc. Copyright – CMI Gold & Silver Inc. All rights reserved.

All checks, shipments, and correspondence should be sent to:

CMIGS-Onlygold 3800 N. Central Avenue, 11th Floor, Phoenix, AZ 85012