Daily Archives: February 1, 2010
US Mint Gold and Silver Eagle Bullion Demand Hits January Highs
The United States Mint has closed out the month of January, publishing strong sales figures for its precious metals bullion coins.
American Eagle Silver Bullion Coin demand hit a record pace. Interest in American Eagle Gold Bullion Coins was elevated, reaching the top ten in all-time January sales. The numbers are more than interesting considering several factors, including New York gold prices falling 1.1 percent in January and silver prices plunging 3.9 percent.
Silver Eagle sales tallied up to an amazing 3,592,500, making it the best January ever for the one ounce silver coins. In comparison, only two months in the history of the program have ever seen numbers topping the 3 million mark. The most recent was March of last year with 3,132,000. The all-time leading month is December 1986 at 3,696,000 -- the first full month in which the coins were available under the new American Eagle Bullion program.