Monthly Archives: August 2013
Gold Rebounds, Silver Extends Winning Streak to Five Sessions
Gold prices rose Wednesday, taking back most of their loss from the prior day. The yellow metal has now advanced in five of the last six sessions.
Silver extended its win streak to five sessions. The September contract surged 44.4 cents, or 2.1%, to close at $21.79 an ounce [...]
US Mint Platinum and Gold Coins Poised for Price Hikes
Last week the United States Mint cut prices on its numismatic gold coins. This week, on Wednesday, the bureau is poised to raise them in response to gains in precious metals.
On the list of products expected to move higher is the new 2013 Reverse Proof Gold Buffalo [...]
Gold Declines, Silver Eagle Bullion Sales Top 31M
Gold retreated Tuesday, the first time in five sessions. The precious metal saw pressure as the U.S. dollar strengthened after retail sales climbed for the fourth straight month in July.
Gold for December delivery declined $13.70, or 1%, to end at $1,320.50 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Coast Guard Commemorative Coins Proposed
New legislation brought forward in the House of Representatives seeks clad, silver and gold coins in commemoration of the U.S. Coast Guard.
Introduced by Rep. Joe Courtney on August 1, 2013, the United States Coast Guard Commemorative Coin Act (H.R. 2932) would authorize the U.S. Mint to produce and sell [...]
2013 Gettysburg 150th Anniversary Currency Set and Money Show
At 8 AM ET on Tuesday, August 13, 2013, the Bureau of Engraving and Printing (BEP) will begin selling its Gettysburg 150th Anniversary Currency Set for $39.95.
Limited to 5,000 complete sets and likely to sellout [...]
Gold Jumps $22, Silver Rallies Atop $21
Gold and silver rallied to kick off the new trading week Monday. Gains in gold marked a four straight session increase and silver soared atop $21 an ounce for the first time since June 19.
On the day, gold for December delivery tacked on $22, or 1.7%, to finish at $1,334.20 an ounce on the [...]
US Government Prints $25.5 Billion in Banknotes in July 2013
More money was printed by the United States government in July, though the total value and types of bills fell from June, data from the agency responsible for manufacturing U.S. currency shows.
524.8 million in $1s, $5s and $100's were printed for a total value exceeding $25.5 billion [...]
Gold Edges Up Week, Silver Surges; US Mint Bullion Coins Mixed
Gold advanced for a third straight session after logging six consecutive losses previously. The three days of gains turned prices around for the week as the yellow metal scored a modest weekly increase of $1.70, or 0.1%.
Other precious metals logged sharply higher advances to pad their string of weekly wins [...]
2013 First Spouse Gold Coin Designs Unveiled
Earlier this week the United States Mint unveiled the designs for the 2013 First Spouse Gold Coins.
Unfortunately, the news announcement about the designs did not include any specific release dates for the 1/2 ounce, .9999 fine gold strikes [...]
Gold Rallies Above $1,300; Silver Prices Top $20
Gold surged back above $1,300 an ounce on Thursday, gaining for a second day after having dropped in the six prior sessions.
Gold for December delivery shot up $24.60, or 1.9%, to finish at $1,309.90 an ounce on the Comex division of the New York Mercantile Exchange [...]