Monthly Archives: November 2010
Gold Prices Fall for Second Week, Silver Surge 4.8%
Precious metals were mixed this week as platinum and gold prices retreated while palladium and silver prices rallied. American Eagle bullion coins soared.
For a quick snapshot in weekly New York futures prices, gold lost 1%, silver rallied 4.8%, platinum declined 0.8%, palladium jumped 4.5%, and crude oil fell 4.0% [...]
US Mint 2010 Proof Silver Eagle Debuts
The much anticipated 2010 Proof Silver Eagle went on sale today at 12:00 Noon ET. The US Mint price for the proof coin is $45.95, plus the standard handling charge of $4.95 per order. A per household order limit of 100 coins is in place.
Opening demand for the proof is expected to be fierce, with the Mint's online store warning [...]
Gold, Silver, Metal Prices Commentary for Nov. 19, 2010
Spot gold bullion dealings opened their final session of the week trending lower despite a relatively flat US dollar (at 78.50 on the index, showing only a 0.03% decline), but with an eye towards the implications of China's on-going resolve to quarantine and (at least partially) neutralize the inflation bogey.
Gold was quoted at $1,348.40 per ounce (a loss of $5.10) as the market opened for what might once again turn out to be a choppy and unpredictable session [...]
2010 America the Beautiful Quarters Circulating Coin Set Available
The United States Mint will release the 2010 America the Beautiful Quarters Circulating Coin Set today, November 19, at noon ET.
It will be the sixth annual product available from the US Mint to contain versions of all five of the debuting 2010 America the Beautiful Quarters®.
Contained in each circulating coin set are ten coins -- two examples each of the five 2010 strikes. This includes quarters honoring [...]
Gold Prices Rebound 1.2%, Silver Jumps 5.2%
U.S. gold prices rose 1.2 percent on Thursday, marking their biggest increase in two weeks and recovering just over half of the $31.60 lost during the previous two sessions.
Other precious metals rallied as well, with palladium jumping the most with an increase of 6.2 percent. Silver followed at 5.2 percent while platinum came in third with a pick-up of 1.4 percent [...]
Abraham Lincoln Presidential Dollars Launch, $25 Rolls Available
The U.S. Mint launched a new $1 coin into circulation today that celebrates and honors perhaps the most noted former President of the United States.
The Abraham Lincoln Presidential Dollar will soon be available at local banks and other financial institutions. Banks were able to order the coins from the Federal Reserve System and stockpile [...]
US Mint Sales: Bullion Coins Soars, 2010 Silver Eagles Hit Mintage...
The recent pullback from record gold and 30-year high silver prices has had the opposite effect on bullion coins, US Mint sales figures indicate.
Demand for bullion American Gold Eagles and American Silver Eagles is searing, with the latter hitting an all-time mintage record. U.S. Mint numismatic coins were mixed, with the collector version of the Gold Eagles sparking their own fire [...]
Gold, Silver, Metal Prices Commentary for Nov. 18, 2010
The Gold, silver, the noble metals, copper, crude, and stock index futures, all aimed to repair some of the recently inflicted price damage in the wake of what was deemed as 'good news' from Ireland and the wearing-away of some of the fears related to what China is up to, in its battle against inflation.
Gold spot prices opened $17.90 higher this morning, continuing a price bounce that commenced during the post-dinner hour last night. Spot prices were [...]
Gold Demand Dips Slightly, Silver Prices Rise 1.1%
U.S. precious metals were mixed Wednesday, as gold and platinum retreated gently while silver and palladium prices rose more than 1 percent.
Worries over the direction of the U.S. dollar and apprehension about what China may do to curb inflation were cited factors for directing gold prices [...]
Hot Springs Quarter Three-Coin Set Released
A new product was released today from the United States Mint which contains three versions of the first coin issued in the America the Beautiful Quarters® Program.
The new release, the Hot Springs Quarter Three-Coin Set, contains uncirculated Hot Springs National Park quarters from the U.S. Mint's facilities in Philadelphia and Denver, and one proof quality quarter from the San Francisco Mint [...]