Monthly Archives: August 2016
Gold, Silver Start New Week Higher; Silver Eagles Top 28M
Gold and silver futures advanced to kick off the new trading week on Monday.
Gold for December delivery added $4.30, or 0.3%, to settle at $1,347.50 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Coin Production Soars in July, Best Month in Years
U.S. coin production increased for a third straight month in July with United States Mint facilities in Philadelphia and Denver pressing over 1.8 billion coins for circulation, the most for a month than any since at least 2007 when CoinNews started tracking the data.
The U.S. Mint's production surged 14.2% from June and jumped 8.5% from the same time a year ago [...]
Gold, Silver Edge Lower on Week; US Mint Gold Coin Sales...
Precious metals futures closed lower on Friday and for the week. The weekly losses for gold and silver were their second in a row.
Gold for December delivery shed $6.80, or 0.5%, to settle at $1,343.50 an ounce on the Comex division of the New York Mercantile Exchange [...]
2016 $200 Canada’s Vast Prairies Silver Coin for $200
Canada's western interior takes center stage on a new silver coin released this week by the Royal Canadian Mint. Entitled the 2016 Canada's Vast Prairies $200 for $200 Fine Silver Coin, each is sold at its legal tender face value of $200.
This matte proof coin weighs 62.69 grams, is composed of 99.99% pure silver, has a large 50 millimeter diameter, and is limited to a mintage of 25,000 [...]
Perth Mint Gold and Silver Bullion Sales Weaken in July
Demand for new Australian bullion coins and bars tumbled last month, the Perth Mint reported, with gold sales the lowest in at least 3.4 years and silver sales the weakest in 13 months.
These sales registered against advancing precious metals prices with London fixings in July logging gains of 1.6% for gold and 8.9% for silver [...]
Gold and Silver Futures Dip as Dollar Rebounds
Precious metals futures settled lower Thursday as the U.S. dollar rebounded and stocks rallied. Declines in gold and silver were their first in three days.
Gold for December delivery retreated $1.90, or 0.1%, to settle at $1,350 an ounce on the Comex division of the New York Mercantile Exchange [...]
2016 American Liberty Silver Medal Limits and Images Unveiled
Today, Aug. 11, the United States Mint published product details for the 2016 American Liberty Silver Medals, including images of the pair and their limits.
Launching Tuesday, Aug. 23, the two 1-ounce, .999 fine silver medal versions of last year's 2015 $100 American Liberty High Relief Gold Coin are limited to 12,500 each and further restricted to 4 coins per household [...]
US Mint Sales: Reagan Dollars Pull Back
Sales of U.S. Mint collector products grew slower during the first week of August following gains that peaked to a 2-1/2 month high in the last week of July.
Nearly a dozen of them actually moved backwards. Circulating-quality Reagan dollars led those declines [...]
Gold Firms for Second Day, Silver Tops $20; Gold Eagles Rise
Gold and silver futures closed higher on Wednesday for a second day in a row, boosted by weakness in the U.S. dollar.
Gold for December delivery added $5.20, or 0.4%, to settle at $1,351.90 an ounce on the Comex division of the New York Mercantile Exchange [...]
2016 Gold Standing Liberty Quarter Mintage Announced
Last week, the United States Mint revealed the release date of Sept. 8 for the 2016-W Standing Liberty Quarter Centennial Gold Coin.
Today, Aug. 9, the agency announced its mintage, ordering limit, specifications, packing and shipping timeline [...]