Monthly Archives: July 2009
Gold Rises for First Day in Three as Dollar Declines, Silver...
Gold, Silver Eagle Bullion Sales Surge in June
Demand is lower for bullion coins? Poppycock. US Mint sales figures released Wednesday say otherwise.
Marking the third best month of a record setting pace year, demand in June for American Eagle Gold and Silver Bullion Coins jumped aggressively over May.
Silver eagle sales soared in June, rising 340,500 higher than May figures. 2,245,000 silver bullion eagles were sold. The total is now 13,824,500 for an annualized rate that is easily on track to smash last year's 20,583,000 record.
Gold eagles sales sizzled and nearly doubled May tallies. 116,000 gold bullion eagles were sold in June. With half of this year now set in history, 670,500 have been purchased -- one of the best six month totals since the series began in 1986.