Monthly Archives: September 2012
Gold Rises Slightly, US Bullion Coins Pad September Sales
Gold and platinum advanced modestly Tuesday while silver and palladium edged lower.
Gold prices for December delivery gained $1.80, or 0.1%, to settle at $1,766.40 an ounce on the Comex in New York. Gold traded from a low of $1,762.80 to a high of $1,777.90 [...]
Obama Nominates Bibiana Boerio to Fill US Mint Director Position
President Barack Obama has nominated Bibiana Boerio to fill the position of Director of the United States Mint. If confirmed, Boerio would become the 39th Director in the Mint's 220 year history.
The announcement of her nomination came on September 19, 2012. Boerio must be confirmed by the U.S. Senate in order to fill the five-year term. Since the Senate has already adjourned [...]
2013 Girl Scouts Centennial Commemorative Coin Designs Revealed
On Saturday, September 22, 2012, Girl Scouts of the USA unveiled the designs of the United States Mint's commemorative 2013 Girl Scouts USA Centennial Silver Dollar.
Designed by Barbara Fox and to be engraved by Phebe Hemphill of the U.S. Mint, the obverse depicts the faces of three girls, each representing different ages and diversity of Girl Scouts [...]
Gold Retreats 0.8%, American Silver Eagle Coins Soar Past 3.1M
Gold and other precious metals declined Monday as the U.S. dollar firmed and investors booked profits, opined analysts.
At the same time, demand surged stronger for bullion coins produced by the U.S. Mint. American Silver Eagle coins, in particular, shot past 3.1 million in sales with September claiming the second highest monthly total of the year [...]
2012-P Hawai’i Volcanoes National Park 5 Oz Silver Uncirculated Coin Issued
Now available is the fourth 2012 collector version of the U.S. Mint's five ounce silver pieces, the 2012-P Hawai'i Volcanoes National Park Five Ounce Silver Uncirculated Coin.
It was released on September 24 at noon Eastern Time for $204.95, the same as earlier issues this year [...]
Gold Gains 0.3% on Week, Silver Dips 2 Cents, US Silver...
Most precious metals were higher Friday but lower on the week. Gold was up for both, although marginally as has been a pattern since the day following the Fed's stimulus announcement.
Friday marked the biggest daily change for gold this week with the December futures contract advancing $7.80, or 0.4%, to $1,778.00 an ounce on the Comex in New York [...]
Canadian $20 Magical Reindeer Silver Coin for $20
The Royal Canadian Mint has unveiled the sixth commemorative coin in the extremely popular Exchange $20 for $20 series, the $20 Magical Reindeer Silver Coin. It may be ordered today, and it will ship by mid-November.
The release coincides near the holidays for a good reason. The design on the reverse features the image of a reindeer -- a creature that has long been associated with the season [...]
Hawaii Volcanoes 5 Oz Silver Coin in September’s Final Week
The United States Mint has only one numismatic product scheduled to launch in the final week of September, the collector 2012-P Hawaii Volcanoes National Park Five 5 Ounce Silver Uncirculated Coin.
Monday, September 24, marks the release date for the next three-inch diameter, 99.9% pure silver coin. Pricing for the new Hawaii Volcanoes coin remains $204.95, just like issues released earlier this year [...]
In The Lead – Winged Migration
Some (or, in the case of oil) all of the Fed-induced euphoria that became manifest one week ago dissipated during the course of this week as certain market participants were left with an environment wherein Fedspectations can now be considered as being off the table and were in certain assets will have to make "a go of it" based on palpable demand and solid fundamentals...
Gold prices bumped up against long-term (one year in the making) downward resistance levels near $1,780 but remained supported above the $1,730-$1,750 value zone as [...]
Gold Edges Lower, Silver Climbs Modestly Higher
Gold settled with yet another marginal change Thursday, a characteristic that has dominated the yellow metal for nearly a week.
Gold prices for December delivery declined $1.50, or 0.1%, to settle at $1,770.20 an ounce on the Comex in New York. Prices bracketed intraday levels of $1,757.70 and $1,774.90. Gold was pressured, opined analysts, by a stronger U.S. dollar [...]