The new year is the time to update your plans for investing in precious metals. We invite you to study the review of new gold and silver coins of 2023, which will help in choosing products for further investment.
With inflation still at its peak, now is the time to start adding to your gold and silver holdings. Precious metals have experienced many ups and downs this year. The price of precious metals in 2022 was affected by several factors, including inflation, rising interest rates, and geopolitical tensions.
In this article, we will look at what kind of year it was in the precious metals market, what awaits the upcoming 2023, and which gold and silver products remain the most sought-after and desired.
Now is the time for analysts and strategists to share their views and forecasts for precious metals for the coming year. So what's in store for precious metals in 2023?
According to Bloomberg Intelligence, in which Ole Hansen, global commodities strategist and analyst at Danish Saxo Bank, shared his findings, gold is poised for a rally. Markets understand that global inflation remains fairly high, he said. Because of this, it is likely that gold could break through $3,000 an ounce.
O. Hansen points to certain factors that could help precious metals hit new record highs next year. One is a growing “war economy mentality” that could prevent central banks from holding foreign currency reserves, which would be a more favorable environment for gold. The second is a possible global recession in 2023, which will prompt central banks to open liquidity taps.
The analyst emphasizes that his comments are more of a reflection, but investors should think logically and not throw these forecasts aside. For the above reasons, there is a chance that we will get to the $3,000 gold barrier and above.
Gold is starting to look attractive right now. Having exceeded the price of $1,800 per ounce last week, gold is once again testing its possibilities. And while the precious metal has had its ups and downs, the yellow metal has remained one of the best assets of the year.
As for silver, many analysts tend to predict that silver will appreciate more than gold due to its volatility and lack of attention over the past two years.
Gold and silver coins are among the most common and affordable precious metal items that will remain popular for years to come. Coin specifications are often based on the amount of metal and the purity of the product. And although the design of the world's most popular bullion coins often remains the same from year to year, they are still one of the most anticipated and sought after coins. Let's see which coins remain the most popular and anticipated in 2023.
Gold and silver coins of the Philharmonic from year to year remain one of the most famous and popular. They will definitely retain this status in 2023. The Vienna Philharmonic coin showcases Austria's love and passion for music, so whether you're a classical music lover, an aspiring music lover or a collector, the 2023 Philharmonic coin is the right thing to add to your collection.
This coin is suitable for both investors and collectors. Stunning iconic design and impeccable craftsmanship are the hallmarks of the Austrian Mint, essential for producing coins of the highest quality. This coin also remains the only bullion coin in Europe with a par value of the euro.
In 2023, the Canadian bullion coin Maple Leaf celebrates its 35th anniversary. Each 2023 Maple Leaf Silver coin is reinforced with three of the latest Royal Canadian Mint security standards: a micro engraved seal of authenticity, a light emitting radial pattern and anti-counterfeiting DNA technology.
After years of intensive research and development, the Royal Canadian Mint has developed MINTSHIELD Technology, a unique breakthrough in manufacturing process that reduces white spots on silver coins. Invisible to the eye and not affecting the purity or composition of coins, the technology prevents white spots for years to come.
The authenticity of the newly released Silver Maple Leaf coin is protected by an award-winning security technology - a small mark on the reverse of the coin. The laser micro engraving consists of a textured maple leaf with the year number “23” in the center, which is only visible through a magnifying glass. Thanks to a special sign, you can easily confirm the authenticity of the coin.
The pride of South Africa is the Krugerrand coin, which also retains its classic and enduring popularity. The main advantages of the coin: masterful design, impeccable purity of gold and perfect condition.
And also, a limited edition - in 2023, only 400 gold Krugerrand coins weighing two ounces were issued. The circulation of silver coins in 2023 is only 10,000 pieces. It is not worth postponing the purchase of coins, because, based on last year's data, these coins are sold out very quickly. Already, 2022 Krugerrand silver coins are selling at significantly higher prices on secondary markets. So if you want to be one of the lucky few to have this coin for your collection, you need to act NOW.
First issued in 1989, the Golden Kangaroo (also known as the Australian Nugget) is an iconic annual coin series depicting Australia's most recognizable animal. For added security, the 2023 coins feature micro-laser engraved letter authentication. Visible only under a magnifying glass, it is designed to make the coin much more difficult to counterfeit. Thus, investors can be sure of a safe and secure product choice in 2023.
Coins of Britain, recognized and trusted all over the world, are in the greatest demand both among investors and collectors. The UK has a strong market, making it an extremely liquid and safe choice for many investors. This year 2023 is special because it will be the last time Queen Elizabeth II will be depicted on the Britannia coin, who will be replaced by Charles III.
There is no doubt that these 2023 British coins will be one of the most sought after pieces by investors and collectors in the world. And the extra popularity of this coin is added by additional comprehensive security measures that significantly reduce the risk of counterfeiting. The Britannia 2023 coin features innovative security technologies and is recognized as the safest coin in the world for the coming year.
There is no single answer, since choosing the right time can be difficult. For example, gold prices are difficult to accurately predict.
Several reasons can affect the price of gold at once:
However, gold withstood the pressure of surrounding factors and did not lose its attractiveness.
So, let's welcome the New Year with classic and popular products for investing in gold and silver.
