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2016 November

Monthly Archives: November 2016

Gold Ends November Near 10-Month Low; US Mint Gold Sales Surge

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Gold Ends November Near 10-Month LowMost precious metals futures fell on Wednesday and for the month, led by declines in silver and gold. The loss for gold was its fourth in five sessions as prices ended November near a 10-month low.

Gold for February delivery shed $16.90, or 1.4%, to end at $1,173.90 an ounce on the Comex division of the New York Mercantile Exchange [...]

US Mint Gold Coin Pricing Cuts Possible on Wed., Nov. 30

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2016-w-walking-liberty-centennial-gold-coin-obverse

US Mint Gold Coin Pricing Cuts Possible on Wed., Nov. 30On Wednesday, Nov. 30, the United States Mint may reduce prices on its suite of collector gold coins by as much as $50 for every ounce of gold they contain.

The agency's collections of numismatic gold coins have prices that can change weekly depending on the trending value of gold [...]

Gold Dips 0.3%; Silver Advances for Third Session

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Gold Dips 0.3%; Silver Advances for Third SessionPrecious metals futures ended divided Tuesday with gold and platinum lower and silver and palladium higher. The loss for gold was its third in four sessions.

Gold for February delivery, the new most-active contract, fell $3, or 0.3%, to settle at $1,190.80 an ounce on the Comex division of the New York Mercantile Exchange [...]

2016 Congratulations Sets for $54.95

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2016-w-30th-anniversary-proof-american-silver-eagle-and-case

2016 Congratulations Sets for $54.95Today, Nov. 29, the United States Mint released its last 2016-dated special occasion set. Promoted as a great gift for weddings, anniversaries, retirement, graduations, and birthdays, the 2016 Congratulations Set is available for $54.95.

Held within its celebratory-themed folder is a 30th anniversary 2016-W Proof American Silver Eagle [...]

Gold Bounces from 9-1/2-Month Low

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Gold Bounces from 9-1/2-Month LowPrecious metals futures moved strong out of the gate to start the new trading week Monday. Gold ended higher for the first time in three sessions, climbing from a more than 9-1/2-month low.

Gold for December delivery climbed $12.40, or 1.1%, to settle at $1,190.80 an ounce on the Comex division of the New York Mercantile Exchange [...]

Order Limit Lifted for 2016 Walking Liberty Gold Coin

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Order Limit Lifted for 2016 Walking Liberty Gold CoinCollectors and dealers can order as many 2016-W Walking Liberty Centennial Gold Coins as they want. The United States Mint on Monday lifted their household order restriction of three coins.

Released on Nov. 17, the gold half-dollar's four-day sales reached 46,956 coins for 67.1% of the possible 70,000. Another sales update [...]

Gold Ends Week Near 9-1/2-Month Low

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Gold Ends Week Near 9-1/2-Week LowGold futures retreated for a second straight session Friday to finish the holiday-shortened trading week at a more than 9-1/2-month low. Markets in the U.S. closed Thursday for the Thanksgiving holiday and ended early on Black Friday.

Gold for December delivery lost $10.90, or 0.9%, to finish at $1,178.40 an ounce on the Comex division of the New York Mercantile Exchange [...]

2016 Limited Edition Silver Proof Set Release

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2016 Limited Edition Silver Proof Set

2016 Limited Edition Silver Proof SetFollowing a one-year gap in availability, the United States Mint resumes an annual offering with the release of the 2016 Limited Edition Silver Proof Set. It goes on sale beginning today at noon (ET).

Limited to 50,000 and priced at $139.95, the set has eight silver coins. Seven are in 90% silver and come from the San Francisco Mint and one is in .999 fine silver [...]

US Banknote Production Hits 675.8 Million in October FY 2017 Start

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Different american dollars banknotes close-up. Background texture

US Banknote Production Hits 675.8 Million in October FY 2017 StartBanknote production retreated in October for a second straight month but the combined value of the notes was the highest in a year, data from the agency that prints U.S. currency shows.

675.84 million in $1s, $5s, $10s, $20s, $50s, and $100s were printed last month for a combined value of almost $20.6 billion, according to Bureau of Engraving and Printing figures [...]

Gold Returns to 9-Month Low, Falls Below $1,200

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Gold Returns to 9-Month Low, Falls Below $1,200Precious metals posted sharp declines in pre-holiday trading Wednesday. Markets in the U.S. are closed Thursday for the Thanksgiving holiday but they re-open on Friday.

Gold for December delivery fell $21.90, or 1.8%, to end at $1,189.30 an ounce on the Comex division of the New York Mercantile Exchange [...]