Comments on: Gold, Silver, Metal Prices: Commentary – 11/9/2009 http://www.coinnews.net/2009/11/09/gold-silver-metal-prices-commentary-1192009/ CoinNews delivers breaking coin news, unique coin articles, coin news videos and free numismatic services for new and experienced coin collectors. Mon, 13 Feb 2012 22:25:46 +0000 hourly 1 By: Paul http://www.coinnews.net/2009/11/09/gold-silver-metal-prices-commentary-1192009/comment-page-1/#comment-12163 Paul Wed, 11 Nov 2009 14:43:15 +0000 http://www.coinnews.net/?p=2285#comment-12163 Mint prices for gold coins to rise ... If my numbers are correct, the Mint will now charge $50 more for each of their gold 1 oz coins, compared with the last couple of weeks. My calculation for the average London price fix, over the last week, shows an average of exactly $1100.00. It seems strange that the Wed AM price fix raises the weekly average to the exact amount necessary to reach the next pricing plateau, for the mint. :-( Mint prices for gold coins to rise …
If my numbers are correct, the Mint will now charge $50 more for each of their gold 1 oz coins, compared with the last couple of weeks.
My calculation for the average London price fix, over the last week, shows an average of exactly $1100.00. It seems strange that the Wed AM price fix raises the weekly average to the exact amount necessary to reach the next pricing plateau, for the mint. :-(

]]> By: Paul http://www.coinnews.net/2009/11/09/gold-silver-metal-prices-commentary-1192009/comment-page-1/#comment-12133 Paul Mon, 09 Nov 2009 17:36:33 +0000 http://www.coinnews.net/?p=2285#comment-12133 The US Mint gold prices might rise next week. Assuming that I figured it correctly: if the average of (Tues AM + Tues PM + Wed AM) London Fix prices come in above $1105 for those 3 fixes, then the price that the Mint charges for their 1 oz coins will rise by $50 next week. The US Mint gold prices might rise next week.
Assuming that I figured it correctly: if the average of (Tues AM + Tues PM + Wed AM) London Fix prices come in above $1105 for those 3 fixes, then the price that the Mint charges for their 1 oz coins will rise by $50 next week.

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