Monthly Archives: June 2013
Gold Ends Up Ahead of Fed News, Down After; US Mint...
Gold advanced Wednesday in its settlement, snapping a two-session losing streak and rebounding from a more than four-week low. Prices, however, pulled back in after-hours trading.
Gold for August delivery gained $7.10, or 0.5%, to end at $1,374.00 an ounce on the Comex in New York [...]
Miss Canada Allegory in Gold, Silver and Bronze Coins
Three new collector coins from the Royal Canadian Mint celebrate the allegorical Miss Canada.
These strikes are composed of gold, silver and bronze and showcase an image of the iconic figure on their reverse [...]
US Mint Coin Production Reaches Almost 1.1 Billion in May 2013
For a second month in a row and for the third time this year, circulating coin production in the United States topped 1 billion coins in a month, U.S. Mint data for May shows.
Speaking to the rarity in recent years of reaching a billion coins in month, the milestone was hit [...]
Gold Hits 4-Week Low as US Inflation Subdued
Gold futures slumped to a more than one-month low Tuesday as equities surged, a U.S. government report noted tame inflation and bullion buyers were sidelined ahead of the Fed's Wednesday statement on monetary policy.
Gold for August delivery settled down $16.20, or 1.2%, to $1,366.90 an ounce on the Comex in New York [...]
Gold Retreats 0.3%, Silver Eagle Bullion Coins Top 24M
Gold and silver retreated Monday, extending their streak of back and forth action. The two metals have rotated between gains and losses in succeeding sessions since June 6.
In starting the trading week, gold for August delivery fell $4.50, or 0.3%, to settle at $1,383.10 an ounce on the Comex in New York [...]
West Point Mint Strikes Reverse Proof American Buffalo Gold Coins
One of the fascinating aspects of visiting the West Point Mint on June 4 was watching a press strike 2013-W Reverse Proof American Buffalo Gold Coins.
Full-scale production of the reverse proofs actually kicked off on the morning that I and other media members toured the facility as a part of the celebration for its 75th anniversary [...]
Gold, Silver Advance on Week; US Silver Bullion Coins Stronger
A turnaround in gold and silver on Friday buoyed prices up for the week. In seesaw daily action, the two precious metals flipped from settlement losses to following session gains.
On Friday, gold for August delivery rose $9.80, or 0.7%, to finish at $1,387.60 an ounce on the Comex in New York. That brought prices [...]
COINS Act Returns, Aims to Replace $1 Notes with $1 Coins
Some members of Congress appear intent on ensuring $1 coins become a standard fixture in circulation and your pocket-change. Legislation seeking that result has once again been introduced.
Known as the Currency Optimization, Innovation, and National Savings (COINS) Act, the proposed bill would [...]
1891 $1,000 Marcy Silver Certificate Sold for Record $2.6 Million
An 1891 $1,000 Marcy Silver Certificate sold Wednesday, June 12, for a new world record price of $2.6 million, Stack's Bowers Galleries has announced.
Graded Very Fine 25 by PMG, the $1,000 note is one of two known to exist, with the other held [...]
Gold, Silver Each Decline 1%, Platinum and Palladium Dive
Gold and silver futures continued their up and then down pattern Thursday. Gold lost most of its prior session's gains as it, along with silver, declined 1%.
For the day, gold for August delivery fell $14.20 to finish at $1,377.80 an ounce on the Comex in New York [...]