Monthly Archives: May 2019
Gold Jumps 2% in May; US Mint Bullion Sales Weaken
Most precious metals futures advanced Friday but only gold gained in May, scoring its first monthly increase in four months. The yellow metal marked its best close in over seven weeks.
Gold for August delivery on Friday surged $18.70, or 1.5%, to settle at $1,311.11 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since April 10 [...]
Gold Rises for Second Day, Closes at Two-Week High
Precious metals futures advanced Thursday with gains ranging from 0.3% for platinum to 1.6% for palladium. Gold closed at a two-week high.
Gold for August delivery added $6.10, or 0.5%, to settle at $1,292.40 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since May 15 [...]
US Mint Sales: American Legion Dollar and Medal Set Debuts
The highlight from the U.S. Mint's latest weekly sales report is the first appearance of the new American Legion Silver Dollar and Medal Set.
Released a week ago Monday, May 20, the set with its proof American Legion Silver Dollar and American Veterans Silver Medal posted 7-day starting sales of 7,412, representing 74.1% of the possible 10,000 sets [...]
2019-W Uncirculated American Silver Eagle Released
Even as silver trades near its lowest price of the year, the United States Mint hopes to see some interest in the precious metal with today's release of the 2019-W Uncirculated American Silver Eagle.
Struck in an ounce of .999 fine silver, the annually issued uncirculated Silver Eagle is a popular product for coin collectors [...]
Gold Falls; Silver Marks 2019 Low
Precious metals futures closed mostly lower Tuesday after an extended break from trading for the U.S. Memorial Day holiday on Monday.
Gold for June delivery fell $6.50, or 0.5%, to settle at $1,277.10 an ounce on the Comex division of the New York Mercantile Exchange. The close was the weakest since last Wednesday, May 22 [...]
PNG: Beware of Overpriced Gold Coins
If you're purchasing modern precious metals coins strictly for their silver, gold or platinum content, beware of significantly overpaying simply because the coins may be housed in fancy holders or accompanied by autographs of celebrities or the coins' designers, cautions the Professional Numismatists Guild (www.PNGdealers.org).
"The personal finance market is filled with slick advertisements touting gold bullion coins labeled with a superb grade or in holders with decorative, autographed inserts. These may be fine collectibles for some, but you could pay more than twice the value of the precious metal content of the coin [...]
Canadian 2019 $2 Circulation Coin Commemorates 75th Anniversary of D-Day
The Royal Canadian Mint is proud to launch a $2 circulation coin honouring the brave Canadians who, landing in Normandy, France 75 years ago, helped establish the Allied foothold that would lead to the liberation of Western Europe.
This coin was unveiled today at the Moncton Garrison, home to the 37 Brigade of the North Shore Regiment (New Brunswick) whose troops were among the 13 Canadian regiments landing at Juno Beach on June 6, 1944 [...]
Gold, Silver and Palladium Post Weekly Increases
Gold and silver futures declined Friday but still advanced on the week. Silver's weekly gain was its first in four weeks. Palladium, meanwhile, ended higher on the day and week.
Gold for June delivery shed $1.80, or 0.1%, to settle at $1,283.60 an ounce on the Comex division of the New York Mercantile Exchange [...]