Yearly Archives: 2011
Gold Extends Record, Silver Misses $35 by 2.5 Cents
U.S. gold extended its record high for a second straight day. Silver prices reached a fresh 31-year high with its best point just 2.5 cents shy of $35 an ounce.
Investors edgy over inflation and unrest in the Middle East and North Africa sunk their money into safer bets, like gold and silver [...]
2011 Medal of Honor Commemorative Coins Sales Debut
The United States Mint released the opening sales figures for the recently issued 2011 Medal of Honor Commemorative Coins which celebrate and recognize the Medal of Honor's establishment in 1861.
Buyers handed out more money for the silver dollars than the $5 gold coins, as was the case with the first round of commemoratives issued this year which honor the founding and history of the [...]
Tripoli Trouble-Trades Thriving – Wednesday Kitcommentary
Thus, we come to gold (hovering at or just above Tuesday's fresh record) which continues to receive its share of safe-haven bids and highly speculative interest while market participants of both stripes remain glued to the latest reports of attacks and/or counterattacks coming from Libya.
The yellow metal came to within $0.50 of the $1,440.00 (spot offer) mark this morning. Silver certainly did not lag gold's performance; in fact it rose by about twice as [...]
Falkland Islands 2011 Royal Wedding Commemorative Coin
Pobjoy Mint is excited to produce and release a commemorative coin on behalf of the Falkland Islands which is one of the first to celebrate the Royal Wedding.
On 16th November 2010, Clarence House made the announcement advising that Prince William, the eldest son of Prince Charles and second in line to the throne, had become engaged to his long-term girlfriend Miss Catherine Middleton [...]
Gold Prices Hit All-Time Record, Silver Surges to 31-Year High
U.S. gold prices captured an all-time high and silver prices soared to a new 31-year high on Tuesday as a weaker dollar, rising oil prices, inflation concerns, and turmoil in the Middle East and North Africa added to the investment appeal of precious metals. April gold prices added $21.30, or 1.5 percent, to settle at $1,431.20 an ounce on the [...]
February 2011 Gold Eagle Bullion Coin Sales Fourth Best
The United States Mint sold fewer American Gold Eagle bullion coins in February 2011 than the previous month, but more than during the same period of a year ago.
Gold Eagle coin sales last month rank as the fourth best February since their introduction in October 1986 [...]
King’s Speech – Tuesday Kitcommentary
Momentum players and technically-driven trades have once again made their presence quite obvious in gold, even more so in silver, and are pushing hard in their quest for an additional buck (or five) in the kitty.
A quick glance at precious metals spot bids this morning showed gold ahead by $10 (near $1,421 the ounce) silver up by 39 cents (at $34.37) and platinum rising by a whopping $34 (to $1,827 per ounce). We could close the books on the first day of March at new records and [...]
Counterfeit Euro Coins Climb in 2010
Recent numbers show that counterfeit euro coins continue to be a problem in the European Union, albeit a relatively small one.
In 2010, authorities removed a total of 186,000 counterfeit euro coins from circulation. This was an increase on the previous year of 13,900 coins, but still well under the numbers recorded in 2007 and 2008 [...]
Silver Prices Jump Toward $34, Gold Nearly Unchanged
U.S. gold prices rose modestly Monday, as did platinum. Silver and palladium were the exceptions. Silver prices soared 2.7 percent while palladium rallied 1.5 percent.
April gold prices gained 60 cents to close at $1,409.90 an ounce on the Comex in New York. The metal traded as low as $1,407.90 an ounce and as high as $1,417.00 an ounce [...]
2011 Canadian Grizzly Silver Bullion Coin Available
The Royal Canadian Mint has recently announced details about the 2011 Grizzly Silver Bullion Coin, the second issue of what has proven to be an extremely popular three year, six coin Canadian Wildlife bullion series.
The official launch for the Grizzly Coin was held by the Mint at the World Money Fair in Berlin, Germany on January 28, 2011. This auspicious occasion allowed it to introduce the new strike to many of the premier coin buyers, distributors and producers of the world [...]