Monthly Archives: March 2011
Gold Advances 1.3% in 10th Quarterly Gain, Silver Surges 22.5% in...
U.S. gold futures advanced for a second day on Thursday, capping a 10th straight quarterly gain and the best streak since 1975. Silver soared more than 22 percent during the quarter, easily outpacing percentage gains of other precious metals.
Gold futures prices for June delivery rose $15.00, or 1.1 percent, to $1,439.90 an ounce on the Comex in New York. Gold ranged [...]
Andrew Johnson Presidential Dollar Coin Cover Available
The United States Mint on Thursday, March 31, 2011, made available the Andrew Johnson Presidential $1 Coin Cover for a price of $19.95.
The 22,000 limited-edition product is the first of four 2011 issues in the American Presidency $1 Coin Cover Series and the seventeenth since the covers were introduced for the Presidents in 2007. The covers were priced $4 less in [...]
Thursday Kitcommentary: The Quarter That Gave No Quarter
Spot gold opened near the $1,430 mark and subsequently traded as high as $1,440.80 on the offer side. In the broader trading framework, resistance is still pegged at last week's peak just above the $1,448.00 mark while support is seen at levels nearing the $1,400.00 round figure.
The yellow metal is on course to finish the first trimester with an approximately 3.5% gain.
Then again, underscoring the "buy everything" attitude that prevailed once again among investors during the quarter, the [...]
US Mint Sales: American Eagle Bullion Coins Take Lead
American Eagle bullion coins took center stage in the latest batch of US Mint sales figures. Their week-over-week sales levels improved for all but one offering.
Seventeen US Mint numismatic products also outperformed their prior weekly gains, but the general sales trend for most collector coins and sets was down. Several were actually yanked back, registering lower totals than a week ago [...]
Gold Gains for First Day in Five, Silver Jumps
U.S. gold prices advanced Wednesday after having dropped during the previous four sessions in a losing streak which had been unmatched since January 7.
A weaker dollar, increased risk appetite and bargain hunting were among the cited factors for yellow metal gains.
Gold futures prices for June delivery rose $7.40, or 0.5 percent, to settle at $1,424.90 an ounce on [...]
PCGS Exhibits Extraordinary U.S. $3 Gold Coins at Baltimore Expo
Following its acclaimed public debut earlier this month in California, the first-ever complete set of certified proof U.S. $3 gold coins will be publicly displayed at the Professional Coin Grading Service booth, #1957, during the first three days of the four-day Whitman Coin & Collectibles Baltimore Expo in the Baltimore, Maryland Convention Center, March 31 - April 3, 2011.
"This unprecedented 36-coin set was publicly displayed for the first time anywhere at the recent American Numismatic Association's National Money ShowSM in Sacramento, and we heard many positive comments from collectors and dealers. The set was [...]
Gold and Silver Prices Dip 0.3%
U.S. gold fell for a fourth straight session on Tuesday, its longest string of losses since January 7. The metal's fall was modest, however, at 0.3 percent -- the same as silver's. Platinum declined a gentle 0.5 percent. Palladium was the stand out in precious metals. It rose 1 percent.
Gold futures prices for June delivery, now the most active contrast, retreated $3.80 to close at $1,417.50 an ounce on the Comex in New York [...]
April 2011 Santa Clara Expo Features Historic Early American Coins
Two famous early American coins -- a 1776 Continental Currency Dollar struck in pewter (graded NGC MS65) and a 1792 Half Disme (graded NGC MS63) -- will be the featured exhibits at the Santa Clara Coin, Stamp & Collectibles Expo, April 15 - 17, 2011, in the Santa Clara, California Convention Center.
"The coins have a combined value of $750,000, and will be displayed courtesy of Robert Higgins of Certified Assets Management, Inc. in Wilmington, Delaware," said Ronald J. Gillio, Expo General Chairman [...]
Tuesday Kitcommentary: The Bullard Bulwark
Precious metals trading opened on a defensive note once again this morning, as currency markets saw the US dollar as well as the euro (at slightly different times) benefiting from hawkish jawboning coming from the official sector.
Spot gold opened with a $6.70 per ounce loss in New York on Tuesday, with a quote on the bid-side at $1,414.20 as the greenback was slightly higher on the index (at 76.29) and as crude oil lost 83 cents to drop to the 103.15 mark per barrel [...]
Australia Prince William and Catherine Middleton Royal Engagement Coin Release
Australia's first official royal engagement coin for Prince William and Miss Catherine Middleton will hit the shelves tomorrow at the Royal Australian Mint.
As Australia's official coin producer for 45 years and in keeping with the tradition of celebrating milestones of the Royal Family, the Royal Australian Mint is proud to be releasing these commemorative collectible 50 cent coins to celebrate the engagement of Prince William and Miss Catherine Middleton [...]