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Gold Closes Above $800: Will the U.S. Mint Suspend Coin Sales Again?



Gold hit two thresholds today, November 2, making it a popular topic of interest across major news outlets.

One threshold was closing above $800. The other was a new 28 year high. For a time, gold actually hit $810.70 on the New York Mercantile Exchange. It finally closed at $808.50 an ounce.

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U.S. Mint Halts More Gold and New Platinum Coins Sales

The US Mint suspended some American Eagle Platinum sales and the American Buffalo gold coins. Proof 2007 American Buffalo Gold coins were taken off the market and the American Eagle Platinum Uncirculated coins quickly followed suite.

The bullion coins join the ranks of the American Eagle Gold Uncirculated coins that were removed for sale back on September 13.

Yes, that’s nearly a month ago now.

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