It’s like an irritatingly broken record - bullion rises and the United States Mint suspends bullion coin sales to readjust their prices.
Platinum hit a record of $2,030.60 an ounce today on the New York Mercantile Exchange after just passing $2,000 yesterday. The further upward swing occurred after Impala Platinum Holdings Ltd., the second-biggest producer of the metal, reported a drop in output because of power cuts in South Africa.
Gold broke the $900 per ounce plane once again and platinum peaked to a new historic record today. Gold had tumbled for a time this week but the Federal Reserve’s unexpected slashing of interest rates Tuesday helped change the momentum.
Spot gold hit an earlier high of $910.50 an ounce and was at $907 by 1:56 p.m. EST for a rise of $22.20 over yesterday. At the same time, spot platinum was at $1606 per ounce and up $56 compared to yesterday.
Driven by investors, gold has climbed to its latest record of $876.40 an ounce or more than $7 above last week’s historic high of $869.05.
Spurring gold was a softening of the US dollar as investors weighed in the likelihood of the Federal Reserve cutting interest rates at the their Jan. 30 meeting.
China is also launching a gold future trading contract tomorrow, adding further motivation to gold’s rise.
It’s like an irritatingly broken record - bullion rises and the United States Mint suspends bullion coin sales to readjust their prices. 
Gold broke the $900 per ounce plane once again and platinum peaked to a new historic record today. Gold had tumbled for a time this week but the Federal Reserve’s unexpected slashing of interest rates Tuesday helped change the momentum. 
Driven by investors, gold has climbed to its 
Platinum hit a record high as 