Monthly Archives: May 2012

Three debuting collector products and cheaper prices for gold coins helped spur sales, based on the latest sales figures from the United States Mint.

42 collector products improved over their prior weekly sales as compared to 26 out-performers in the previous sales report, and unit sales spiked as a result of the introduction of the 2012 Presidential $1 Coin Proof Sets, 2012 America the Beautiful Quarters Uncirculated Sets and 2012 Native American $1 Coins [...]

Demand tumbled last month for American Eagle silver and gold bullion coins, according to April sales figures reported by the United States Mint.

The pace was down from the previous month and a year ago, with 22-karat American Eagle Gold coin sales in April notably the weakest for a month since June 2008 [...]

Gold prices declined Wednesday, marking a third straight session of losses that have accumulated to nearly $11.

Gold retreated as the U.S. dollar strengthened despite a report on private-sector U.S. jobs which fell short of expectations. ADP said businesses added only 119,000 jobs in April -- the smallest gain in seven months and much lower than the revised total of 201,000 in March [...]

Gold had a fairly "lively" session on the first day of May and it offered (perhaps unwanted) thrills to both the bulls and the bears within a span of just a few hours. Spot quotes ranged from highs near $1,672 to lows under $1,660 before and after the coffee-break hour.

Elliott Wave updates issued late Monday offered up the possibility that gold might be in the midst of a bounce that might conceivably carry it to near the [...]

Based on the recent upward trend in the gold market compared to nearly one week ago, price increases for U.S. Mint numismatic gold coins are possible. (Jump to table of likely coin prices.)

Basically, if the London gold PM Fix is $1,650.00 or higher on Wednesday, then prices will rise for commemorative gold and other numismatic gold coins that are produced by the U.S. Mint [...]

While platinum edged higher, gold, palladium and silver prices traded slightly lower Tuesday after data revealed better-than-expected U.S. manufacturing activity during the month of April.

Gold prices for June delivery declined $1.80, or 0.1%, to $1,662.40 an ounce on the Comex in New York. Gold moved between an intraday low of $1,657.50 and a high of $1,672.30 [...]

The awaited 2012 Proof Australian Gold Sovereign Coin has been released by the Perth Mint of Australia, marking the fourth annual issue in the series. Each coin is struck from 22-karat gold as part of an extremely limited 2,500 mintage.

Despite the relatively newness of the series, the Perth Mint has a long history of Gold Sovereign production. In fact, the Mint was originally constructed for just that purpose. Britain's Royal Mint opened it as [...]