Yearly Archives: 2010
America the Beautiful Quarter Coin Sets Scheduled for November 2010
The United States Mint officially scheduled launch dates for brand new sets containing 2010 America the Beautiful Quarters™.
The U.S. Mint offered the sets through its subscription service beginning in May 2010, but had not announced when buyers could order them directly [...]
Gold, Silver, Metal Prices Commentary – October 20, 2010
Precious metals prices attempted to recover during the nighttime hours following the sizeable selloff the markets endured yesterday. China's rate hike had profound effects on the commodity (and other) markets on Tuesday. Gold prices fell by almost 3% in their worst slump since July, while an equally steep decline took place in crude oil values [...]
2010-W Gold Eagle 11-Day Coin Sales, Price Hikes?
Individual one-ounce 2010-W Gold Eagle Proof Coins are three-quarters on their way to a sell out. Potential buyers not only have that to consider, but also the possibility that Gold Eagle prices could increase on Wednesday.
The likelihood that the U.S. Mint would hike its prices on Wednesday seemed a foregone conclusion... until Tuesday, when the London gold Fix plunged $28.75 to $1,339 an ounce [...]
Gold and Silver Prices Tumble 2.6%
U.S. markets were pulverized Tuesday after China unexpectedly hiked interest rates.
The action boosted the U.S. dollar, which sank gold and silver futures prices by 2.6 percent.
Crude oil prices tumbled the most in eight months and below $80 a barrel while U.S. stocks posted their biggest loss in two months. The Dow fell 1.48 percent, the S&P 500 lost 1.59 percent, and the Nasdaq dropped 1.76 percent. [...]
Gold, Silver, Metal Prices Commentary – October 19, 2010
For the first time in three years the People's Bank of China decided that the pace at which domestic inflation is has been running is sufficiently unacceptable to warrant an interest rate hike. Thus, the central bank increased its one-year deposit rate to 2.5% (a quarter-point adjustment) and raised its lending rate to 5.56% after learning that the country's inflation rate rose to 3.5% in August [...]
Australian Commemorative Coins Honors Saint Mary Mackillop
The Perth Mint has unveiled Australia's first gold and silver commemorative coin program to celebrate the canonization of Blessed Mary MacKillop.
Struck from 1oz of 99.9% pure silver and 1/10oz of 99.99% pure gold, each coin is issued as official Australian legal tender. Each release features a colour portrait of Blessed Mary and the inscriptions [...]
US Mint September 2010 Coin Production: Cents Top 3 Billion, Quarters...
The U.S. Mint was less active in September, producing fewer circulating coins for a third straight month as levels fell toward those from May, according to the latest data.
The pace was off 7.2 percent from August and down 24.9 percent from June -- the busiest month in 2010 when the United States Mint had capped a string of four consecutive monthly increases [...]
Gold, Silver, Metal Prices Commentary – October 18, 2010
Additional declines were noted in gold prices during the overnight hours as the emergent resurgence in the US dollar helped prompt additional profit-taking on the back of that already having been witnessed last Friday. The yellow metal appears poised to retrace some of its recent chart steps all the way to possibly the $1,327.00 level, according to analysts at Barclays Capital[...]
Gold and Silver Prices Rise for 5th Straight Week
Silver Coin Melt Values Skyrocket
