Monthly Archives: June 2016
Gold, Silver Soar in First Half of 2016; US Coin Sales...
Most precious metals advanced on the last trading day in June, padding their gains for the month, second quarter and through the first half of this year.
Gold was the exception on the day, slipping from an almost two-year high, while still scoring sharp monthly and quarterly increases. Gold for August delivery on Thursday declined $6.30, or 0.5%, to settle at $1,320.60 an ounce on the Comex division of the New York Mercantile Exchange [...]
2016-W Proof American Platinum Eagle Release (Updated)
Debuting today, June 30, is the U.S. Mint's 2016-W $100 Proof American Platinum Eagle. The .9995 fine platinum coin for collectors goes on sale beginning at noon ET.
This year's proof Platinum Eagle ends the two-year Torches of Liberty series, and showcases a reverse design described by the United States Mint as "innovative, beautiful, and representative of our nation's core values of liberty and freedom." [...]
Gold Returns to Near 2-Year High; Silver Rallies to 21-Month High
Precious metals futures gained in the mid-week trading session on Wednesday. Gold returned to an almost two-year high while silver logged its strongest close in more than 21 months. Platinum and palladium, meanwhile, each advanced by more than 3%.
Gold for August delivery tacked on $9, or 0.7%, to settle at $1,326.90 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Sales: Core Sets Lead Ahead of Reagan Coins
The U.S. Mint's three most popular sets led weekly sales, which is par for the course without products launching last week to provide any challenge. That'll change in next week's report with proof Platinum Eagles and Reagan coins jumping on the sales boards.
2016 American $1 Coin and Currency Sets ranked 4th in popularity, climbing another 2,632 units during their first full week of availability [...]
Gold Dips from 2-Year High, Silver Logs 17-Month High
Gold futures ended lower on Tuesday for the first time in three sessions, easing from a nearly two-year high as investors booked profits. Silver, meanwhile, scored its best close in 17 months.
Gold for August delivery declined $6.80, or 0.5%, to settle at $1,317.90 an ounce on the Comex division of the New York Mercantile Exchange [...]
Obama Presidential Medal Designs Unveiled
Along with coins, the United States Mint has produced Presidential medals since the early days of the nation. Designs for medals honoring President Obama are now one step closer to production.
Design candidates for the two Obama Presidential medals were reviewed by Commission of Fine Arts (CFA) on June 16 and then by the Citizens Coinage Advisory Committee (CCAC) on June 27. Both panels recommended the same designs [...]
2016 Nancy Reagan Gold Coin and Platinum Eagle Pricing
On Wednesday, June 29, the U.S. Mint may raise prices on about two dozen gold coins. The agency on Wednesday will also publish pricing for the upcoming 2016-W Proof American Platinum Eagle and 2016-W Nancy Reagan First Spouse Gold Coins. The proof Platinum Eagle goes on sale Thursday while Ronald and Nancy Reagan coins launch on Friday.
U.S. Mint policy is to set pricing on collector gold and platinum coins based on weekly averages of London bullion prices [...]
Gold Starts Week Higher, Silver Dips
Gold futures rose modestly in their start to the new trading week on Monday, marking a fresh, almost two-year high, while silver declined for the first time in five sessions.
Gold for August delivery edged up $2.30, or 0.2%, to settle at $1,324.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
Gold Rallies to 2-Year High After Brexit, Logs 4th Weekly Increase
Gold futures rallied to a two-year high, snapped a five-session losing streak, and advanced for their fourth straight weekly increase as investors ran to safe-havens the day after the UK voted to leave the European Union (Brexit).
Gold for August delivery tacked on $59.30, or 4.7%, to settle at $1,322.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
2016 $25 True North Silver Coin for $25
The Royal Canadian Mint is selling its newest coin, the 2016 $25 True North Silver Coin, for its legal tender face value.
Designed by Canadian artist Trevor Tennant, the latest $25 for $25 series coin captures the majestic polar bear and the noble maple leaf [...]