Monthly Archives: October 2010

Gold, oil and stocks were mostly unchanged on Tuesday. Gold fell early as a stronger U.S. dollar pressured prices, but the yellow metal reclaimed losses as investors bought on dips. Gold declined 30 cents for the day.

The biggest gainers in precious metals were silver and palladium, with respective increases of 1.2 and 2.7 percent [...]

Collectors from Canada and around the world can thank the Royal Canadian Mint for a bumper crop of new and exciting collector coins as the fall weather cools and the shopping season heats up.

"The Royal Canadian Mint is pleased to offer products which appeal to traditional collectors as well as encourage new customers to experience the pleasure of owning exquisitely crafted coins with meaningful themes," said Ian E. Bennett, President and CEO of the Royal Canadian Mint. [...]

An overnight stabilization in the US dollar (back up to 77.50 on the index) brought gold sellers out of Monday's temporary 'hiding' and the yellow metal sank by over $12 to just above the $1,328.00 mark during the period.

The combined gold holdings in exchange-traded products declined for a seventh consecutive day while similar balances in silver-oriented funds fell for the first time in three weeks [...]

In 2011, the United States Mint has been authorized by Public Law 111-91 to issue commemorative silver and gold coins to celebrate the 150th anniversary of the Medal of Honor.

The Medal of Honor for individual valor was proposed by Iowa Senator James W. Grimes in 1861 and signed into law by President Abraham Lincoln on December 21, 1861. [...]

Even as they pledged to refrain from further weakening their respective currencies, finance ministers from the Group of 20 exhibited plenty of sour expressions when it came to the post-meeting photo-ops. Thus, while the essence of the communiqué serves as a tension-reducer, the indirect criticisms that were leveled upon Mr. Bernanke's Fed were hard to miss [...]

Gold and silver prices declined on Friday, cementing their first losing week in six as the U.S. dollar posted its first weekly increase in the same timeframe. Platinum fell as well, but palladium edged higher and will shoot for seven consecutive weekly gains before the end of October [...]

What do you do when a gold seller fails to deliver or the merchandise you received was not as described when you ordered it? Who can you contact for help when you don't receive payment for gold you've submitted to sell?

In two recent cases, "Howard" in Mississippi wired $20,000 several months ago to a California coin and bullion dealer to purchase gold coins, and [...]

More losses were on tap for precious metals overnight with gold prices touching lows near $1,315.00 and silver falling to a $22.82 low before some rebounds were noted in the pair.

As things stand at the moment, gold is headed for its worst (and first in six) weekly drop (of nearly $70) since July based profit-taking engendered by little more than pre-Seoul nervousness and more, early second-guessing, ahead of the Fed meeting in early November. Or, is it? [...]

Every Christmas the Isle of Man releases a special 1/20 oz Gold Angel of which only a limited number are struck. The privy mark on its reverse reflects the 12 Days of Christmas theme, which make the Angel Coin unique. This year the 2010 Christmas Angel gold design features both traditional and new design elements [...]

Gold and silver prices on Thursday were hit hard for a second time this week.

A stronger dollar and profit taking were among the cited reasons for a 1.4 percent decline in the yellow metal. Silver experienced its biggest lost in nearly three months, dropping 3 percent -- the most of the precious metals [...]