Monthly Archives: March 2016
Gold, Silver and Other Precious Metals Rally
Gold and silver futures settled higher on Thursday and for the first time in a week as the U.S. dollar declined in response to a dovish FOMC statement.
Gold for April delivery jumped $35.20, or 2.9%, to close at $1,265 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since [...]
2016-W Proof American Gold Eagles Launch
The United States Mint today, March 17, released five collectible products featuring varying sizes and quantities of 2016-W American Eagle Gold Proof Coins.
American Gold Eagles are produced in 1 oz., 1/2 oz., 1/4 oz. and 1/10 oz. sizes with corresponding denominations of $50, $25, $10 and $5 [...]
Gold Soars 2.7% After Fed Statement; 2016 Silver Eagles Hit 13M
Gold futures settled lower on Wednesday for the seventh time in eight sessions, but then rallied 2.7% in after-hours trading when the Federal Open Market Committee released its latest monetary policy statement and held interest rates steady.
Gold for April delivery dipped $1.20, or less than 0.1%, to close at $1,229.80 an ounce on the Comex division of the New York Mercantile Exchange [...]
Gold Hits 2-Week Low; US Mint Bullion Sales Rise
Gold futures ended lower on Tuesday for the sixth time in seven sessions, and they also marked their weakest settlement in two weeks.
Gold for April delivery fell $14.10, or 1.1%, to close at $1,231 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the lowest since [...]
2016 Proof American Gold Eagle Prices
There's a small possibility that the United States Mint on Wednesday will increase prices on its collectible gold coins. The Mint on Wednesday will also establish pricing for upcoming 2016-W Proof American Gold Eagles. They go on sale Thursday at noon Eastern Time.
U.S. Mint policy for its line of collector gold coins is to set their prices based on a weekly average of London gold. That policy has [...]
2017 American Liberty HR Gold Coin and Silver Medal Design Candidates
On Tuesday, March 3, the United States Mint unveiled design candidates for its planned 2017 American Liberty High Relief Gold Coin and Silver Medal.
The 24-karat gold piece extends the high-relief $100 series, with the first coin in 2015 capturing sales of more than 49,000 [...]
Gold Logs Fifth Loss in Sixth Sesson; US Mint Coin Sales...
Gold futures ended lower on Monday for the fifth time in six sessions as gains in the U.S. dollar pressure safe-havens.
Gold for April delivery declined $14.30, or 1.1%, to settle at $1,245.10 an ounce on the Comex division of the New York Mercantile Exchange [...]
Senate Hearing for Nomination of Rhett Jeppson as Mint Director
U.S. Mint Principal Deputy Director Rhett Jeppson will appear on Tuesday, March 15, before the Senate Committee on Banking, Housing and Urban Affairs. The committee will consider his nomination as the 39th director of the United States Mint.
Held in Room 538 of the Dirksen Senate Office Building in Washington, D.C., the open session hearing will be webcast live when it starts at 10:00 a.m. ET [...]
Gold, Silver Log Modest Weekly Losses; US Coin Sales Steady
Gold futures settled lower on Friday, falling for the week and from a 13-month high, as the U.S. dollar rebounded and global stocks gained.
Gold for April delivery declined $13.40, or 1.1%, to close at $1,259.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Coin Production in February; Shawnee 25c and Nixon $1 Mintages
Facilities in Denver and Philadelphia produced far fewer coins for circulation last month than in January and a year earlier, data from the United States Mint shows.
New figures also reveal mintages for Illinois's Shawnee National Forest Quarter, the first 2016-dated release in the series of America the Beautiful Quarters, and they show mintages for this year's first Presidential $1 Coin which features Richard Nixon [...]