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2013 October

Monthly Archives: October 2013

Gold Dips, Silver Gains; US Mint Bullion Coins Rally in October

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Silver Bullion Bars and Coins

Gold Dips, Silver Gains; US Mint Bullion Coins Rally in OctoberPrecious metals tumbled Thursday, dragging gold lower for October and slicing away a sizable portion of the monthly gains in silver, platinum and palladium.

Much steadier on the month was U.S. Mint sales of gold and silver bullion coins. Demand over the prior month more than tripled for the Mint's American Gold Eagles and its American Silver Eagles are days away from notching a new annual sales record [...]

US Mint Sales: 2013 Proof Sets Top 600,000

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Coins in 2013 Proof Set

US Mint Sales: 2013 Proof Sets Top 600,000Orders continue to flow quicker for many United States Mint core products like proof sets, uncirculated sets, commemorative coins and proof American Gold Eagles.

Gains came atop already brisk increases with last week's U.S. Mint sales report showing 145 of 202 numismatic products scoring stronger numbers. Despite that [...]

Gold, Silver Close Higher but Slip After Fed News

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Fine Gold, Four Bars

Gold, Silver Close Higher but Slip After Fed NewsPrecious metals futures closed higher Wednesday, with gold and silver gaining for the first time in at least three days and PGM's rebounding from their losses on Tuesday.

American Gold Eagles were alone with gains Wednesday after U.S. Mint sales advanced across all bullion product series on Tuesday. One-ounce Gold Eagles rose [...]

Gold Retreats; Silver Eagle Bullion Sales Top 39M to Near Record

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Section of American Silver Eagle Bullion Coin

Gold Retreats; Silver Eagle Bullion Sales Top 39M to Near RecordGold fell below the pivotal $1,350 an ounce level on Tuesday, marking a second day of losses, albeit modest ones, as investors stayed their buying ahead of the highly anticipated FOMC monetary policy statement.

Pushing quickly toward a new annual record, Silver Eagle bullion coins advanced 194,500 for a year-to-date total of [...]

Gold Prices Dip 30 Cents, US Mint 1 Oz Bullion Coins...

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Section of American Gold Eagle Bullion Coin

Gold Prices Dip 30 Cents, US Mint 1 Oz Bullion Coins RiseGold was little changed ahead of the Fed policy meeting this week, though prices did settle a tad off from the five-week high notched on Friday.

All one-ounce U.S. Mint bullion products climbed Monday. October sales of the gold coins are the highest since July. Silver Eagles need to move up just [...]

Sales Revised Lower for 2013 West Point Silver Eagle Set

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Reverse Proof and Enhanced Uncirculated Coins in 2013 West Point Silver Eagle Set

Sales Revised Lower for 2013 West Point Silver Eagle SetUnaudited sales of the 2013 West Point Silver Eagle Set retreated to 235,689, the U.S. Mint said in an email late Friday.

This revised sales total marks how many sets were purchased during its four-week ordering window from May 9, 2013 to June 6, 2013. It's a drop of 45,621, or 16.2%, from the [...]

Gold and Silver Rally for Second Week, US Mint Bullion Coins...

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Silver and Gold Bars, Antique Balance Scale

Gold and Silver Rally for Second Week, US Mint Bullion Coins SolidGold closed at a fresh five-week high Friday, capping its second-straight weekly gain by jumping 2.9% after soaring 3.7% last week.

Overall, U.S. Mint bullion sales pulled back a bit from the soaring numbers recorded last week. Individually, the American Gold Eagle series surged more and American Silver Eagles reached a new milestone [...]

2014 Native American $1 Dollar Design Image

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2012 Native American $1 Dollar Coin

2014 Native American $1 Dollar Design ImageThis week the United States Mint officially revealed the reverse design for next year's Native American $1 coin. Its theme is, "Native Hospitality Ensured the Success of the Lewis and Clark Expedition."

The dollar series sports annually changing reverses. For 2014, the design by Chris Costello depicts [...]

Gold Tops $1,350; US Mint Gold Eagles Triple Sept. Sales

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Gold Tops $1,350; US Mint Gold Eagles Triple Sept. SalesPrecious metals bounced back Thursday from prior-day losses, with gold and silver rising for the third time in four days and PGM's marking their sixth set of gains in the last seven sessions.

Gold prices, supported by U.S. dollar weakness and on Fed pump talk, closed above $1,350 an ounce for the first time in five weeks [...]

US Mint Sales: 72% of Products Outperform, Wilson $1s Debut

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Woodrow Wilson $1s

US Mint Sales: 72% of Products Outperform, Wilson $1 Coins DebutUnited States Mint products rose sharply from overly timid sales registered during the first half of October. In the best weekly results of the year, 71.8% of the Mint's products scored higher week-over-week sales.

As noted in last week's sales report, broader gains were expected with new Woodrow Wilson $1s, lower priced gold coins and the delivery of the Mint's 2013 Holiday Catalog converging to snag [...]