Monthly Archives: March 2013
Gold Up on Inflation, Logs Weekly Gain; US Silver Coins Strongest
Gold advanced for a second day in a row Friday, its sixth gain in seven sessions. Daily increases have been marginal though, yet stack to $15.70, or 1.0%, from a week ago.
Gold for April delivery tilted higher Friday by $1.90, or 0.1%, to settle at $1,592.60 an ounce on the Comex in New York. Gains were supported by [...]
Gold Prices Gain, US Silver Bullion Coins Advance
Gold rose Thursday, marking a fifth increase in six sessions. Gold prices for April delivery etched out a gain of $2.30, or 0.1%, to settle at $1,590.70 an ounce on the Comex in New York. Gold bracketed intraday levels of $1,575.20 and $1,592.20.
In the previous session, gold fell for the first time since the first of the month [...]
US Coin Sales: $1 Uncirculated Set Debut, Product Sellout Updates
Starting sales for the 2013 Presidential $1 Coin Uncirculated Set and updates to recently sold out products highlight the latest United States Mint sales report.
Released on March 7, 2013, the 2013 Presidential $1 Coin Uncirculated Set registered five-day sales of 19,796. The eight-coin set of uncirculated dollars from Philadelphia and Denver is minimally [...]
Little Demand for American Palladium Coins, Study Concludes
A study commissioned by the United States Mint casts doubt on the viability of American palladium coins, indicating limited appeal for investor and collector versions.
"The potential pool of buyers of palladium bullion and numismatic coins is small and there is little interest in the market for palladium in coin form," the study states.
The palladium market study was completed by [...]
Gold Extends Winning Streak, Silver and US Silver Coins Advance
Gold extended its winning streak to four sessions Tuesday. Gold futures for April delivery tacked on $13.70, or 0.9%, to $1,591.70 an ounce on the Comex in New York.
Gold's settlement price was the highest since Feb. 27. The precious metal closed nearer its intraday high of $1,597.60 than its low of $1,578.80 [...]