Gold declined Wednesday, taking away a sizeable portion of the sharp gains from the previous day. Profit taking was among the major reasons cited for losses.
Gold prices fell $17.10, or 1.0% to $1,731.30 an ounce in the April futures contract on the Comex in New York. Gold hit an intraday low of $1,726.00 and made it as high as $1,754.80 [...]
{ 0 comments }
Buying activity increased for U.S. Mint numismatic products following three somewhat humdrum weeks. The launch of bags and rolls of El Yunque Quarters lifted demand for other quarter products, American Eagle coins were hotter, several annual sets improved and many Presidential $1 coin offerings were up, the latest U.S. Mint sales figures show.
In all, 62 products improved over prior weekly sales versus 21 out-performers noted previously [...]
{ 0 comments }
Following two consecutive daily losses, gold rebounded Tuesday when the U.S. dollar fell and bargain hunting ensued. Pressuring the greenback were comments from Fed Chairman Ben Bernanke about weakness in the U.S. economy and optimism over reports of progress in a Greece debt deal.
Gold prices gained $23.50, or 1.4% to $1,748.40 an ounce in the April futures contract on the [...]
{ 0 comments }
The United States Mint has published the coin image for the reverse of the 2012 Native American $1 Coin. Until now, only a line art image of the design was available, and that was released back in November.
As mandated by law and since 2009, the reverse of the dollars have changed annually to feature a unique design celebrating important contributions by Indian tribes and Native Americans [...]
{ 6 comments }
Kicking off the month of February for the United States Mint were bags and rolls of the first 2012-dated quarters which depict El Yunque National Forest. The second U.S. Mint product issued this month features those same quarters but in collector editions. On Tuesday, February 7, 2012, the United States Mint released the El Yunque Quarter Three-Coin Set.
The set is the eleventh released in the series of America the Beautiful Quarters®, but it has the lowest price. At $9.95, it is [...]
{ 0 comments }
Gold declined Monday for a second straight session as a stronger U.S. dollar and a "risk-off" mentality pressured the yellow metal.
Gold prices fell $15.40, or 0.9% to $1,724.90 an ounce in the April futures contract on the Comex in New York. Gold moved between a low of $1,714.00 and a high of $1,740.90 [...]
{ 0 comments }
United States Mint bags and rolls of 2012 El Yunque National Forest Quarters were made available Friday, February 3.
El Yunque quarters were actually released into circulation beginning on January 23. The new quarter marks the first of five releases scheduled in 2012 and the eleventh in the America the Beautiful Quarters® Program [...]
{ 0 comments }
In what could end up being an about-face in government policy, new legislation was introduced in the United States Senate on January 31, 2012 seeking to replace paper dollar bills with $1 coins.
The proposed bipartisan bill is entitled the Currency Optimization, Innovation, and National Savings (COINS) Act, S. 2049, and was introduced by Senator Tom Harkin of Iowa and Senator John McCain of Arizona.
If passed and signed into law, the COINS Act would effectively serve as a reversal to the December 2011 order [...]
{ 16 comments }
Gold reached a two-month high and advanced for a third straight session Thursday. Earlier in the day, Federal Reserve chairman Ben Bernanke reminded investors of the Fed’s intentions to keep interest rates near zero until late 2014. Bernanke also noted that there were some signs of an improving U.S. economy but that there are difficult times ahead. His comments were taken as bullish for commodities.
Gold prices added $9.80, or 0.6%, to $1,759.30 an ounce in the April futures contract on the Comex in New York [...]
{ 0 comments }
Demand for 22-karat American Gold Eagle bullion coins grew for a second straight month in January. The United States Mint reported sales of 127,000 ounces, marking a gain of 61,500 ounces, or 93.9%, over the previous month.
With that total, the month ranks as the fourth best January in the twenty-six year history of American Eagle program. It is also the highest monthly amount since January 2011 when 133,500 ounces were ordered [...]
{ 0 comments }
 |
 |
 |
 |
 |