TAMPA, Fla. - At the beginning of the year, an ounce of gold was trading at $2,669 an ounce. On Friday, though, gold closed at $3,668 an ounce, which is up more than 200% in the last two years.
"It was holding off for a few years, so I could keep buying it cheaper," said collector Daniel Knighton, who was shopping at Coinacopia in Lake Magdalene. "I think it's expected. Everything goes up over time."
Coinacopia has seen a surge in those who are trying to either cash in gold, or buy some, in hopes the waiting game will work out.
"Surprisingly, they're buying more than they're selling," said co-owner Andrew Lydic. "Gold and silver have been the money of humanity from ancient times."
What they're saying:
Economists said the 39% jump in the price of gold is owed to a few things.
The