New York gold futures rose $2 on Thursday to mark a fourth day of gains. The US dollar failed to make serious inroads against other currencies following the Fed’s decision yesterday to keep interest rates unchanged. Silver gained a sliver. Platinum fell. In other markets, crude oil retreated for the first time in four days while US stocks rallied with the Dow moving back above 10,000.
New York precious metal figures follow:
-
Silver for December delivery gained a half penny to $17.410 an ounce. It ranged from $17.220 to $17.530.
-
Gold for December delivery advanced 0.2 percent to $1,089.30 an ounce. It ranged from $1,084.30 to $1,095.20.
- January platinum fell $6.40, or 0.5 percent, to $1,362.90 an ounce.
Read the rest of this entry »
Several numismatic news or coin blog articles are referenced on CoinNews two separate times a week. These articles are not authored by us, but we recommend coin collectors read them for their unusual or interesting content. Here are today’s coin articles:
Steve Roach | Coin Values
Walking Liberty half dollars continue to be on collectors’ and dealers’ want lists. If there is a trend, it is that there is strength in just-miss grades, such as About Uncirculated 58, Mint State 62 and MS-64, while MS-65 examples prove a tougher sell in many cases. For rare issues, such as the 1921-S half dollar, finding a fantastic AU-58 even at the Coin Values price of …
Go to story »
Read the rest of this entry »
The latest batch of US Mint sales figures are out and jumping to the forefront are gold coins — both bullion and collector. The bullion Silver Eagles are moving along as well. The US Mint Set and Proof Set continue with strength, with the former smashing through the 500,000 barrier. These and other highlights follow:
-
The US Mint news of the week circled around the inaugural Buffalo Gold Proof sales. 19,468 were sold in four days. That was 123 shy of the 2008 Buffalo Proofs. The 2009 bullion versions are on fire as well. They were released on Oct. 15 and are now at 121,000 — 51,000 short from matching the 2008s.
-
American Silver Eagle bullion coins officially recorded their best October ever, reaching 2,939,000 in the month. The US Mint has yet to report any November numbers, but the final two months of a year are generally very strong for eagles. American Eagle Gold coins finished last month with sales of 115,500, making October the 5th best ever for the series.
-
UHR $20 Double Eagles recovered from the dip that took weekly sales to their second lowest level ever. 1,045 more were scooped up by collectors, bringing the new total to 102,311.
-
Three of four Braille Silver Dollar products performed better than the last round. The Braille Education Set, which went on sale Oct. 15, declined slightly with 793 versus the prior 1,004. In related news, the US Mint announced this week that it would stop selling Braille dollars after 5:00 p.m. ET on Dec. 11. For the record, a total of 202,655 of the authorized 400,000 silver dollars have been sold.
Read the rest of this entry »
