Monthly Archives: December 2016
Gold Slides 0.8% as US Dollar Hits 14-Year High
Gold futures ended lower Tuesday -- as the U.S. dollar touched a 14-year high, taking away a good part of gains from the previous two sessions.
Gold for February delivery declined $9.10, or 0.8%, to settle at $1,133.60 an ounce on the Comex division of the New York Mercantile Exchange [...]
Gold Climbs for Second Session After Hitting 10.5-Month Low
Gold futures climbed for a second straight session Monday, advancing from a recent 10.5-month low.
Gold for February delivery added $5.30, or 0.5%, to settle at $1,142.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
Apollo 11 50th Anniversary Commemorative Coins for 2019
Look to 2019 for coins shaped like the faceplate of an astronaut's helmet. As expected Friday, President Obama signed the Apollo 11 50th Anniversary Commemorative Coin Act.
It directs the Treasury Secretary, and thereby the United States Mint, to produce and sell dome-shaped coins to celebrate the semicentennial of the first manned landing on the Moon [...]
Gold Posts Sixth Straight Week of Losses
Gold futures bounced from a 10-1/2 month low on Friday but still logged their sixth straight week of losses.
Gold for February delivery on Friday rose $7.60, or 0.7%, to settle at $1,137.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Products in January Include Quarters, Lions Club Coins and...
The United States Mint is beginning to solidify some early sales dates for 2017-dated products. The calendar for January is filling up with launch dates for annual sets, Lions Club commemorative silver dollars, and Native American dollars. More information like product prices and images should be available soon.
It looks like the U.S. Mint will kick their New Year off on Jan. 5 by releasing its annual set of proof quarters [...]
Mercury Dime Centennial Gold Coin Sells Out
It's official. The remaining 2016-W Mercury Dime Centennial Gold Coins are now claimed. The U.S. Mint's online page for the dime is stamped with 'SOLD OUT', which the agency defines as "no longer in stock and is no longer available for sale."
Sales resumed Thursday for the 24-karat gold pieces and they were gone after about 1-1/2 hours [...]
Perth Mint Gold and Silver Sales Soften in November
Australian bullion sales in November slowed from their heated pace in October, according to the latest round of Perth Mint figures.
Still, demand remained elevated for gold coins and gold bars as they scored their third strongest sales month this year [...]
US Mint Sales: Fort Moultrie 5 oz Coin and 3-Coin Set...
Last week, the United States Mint introduced two products commemorating Fort Moultrie in South Carolina.
One of them featured the fort on three quarters while the other one depicted it on a five ounce silver coin. Early sales of both ranged from weakest to strongest as compared to sister products released earlier this year [...]
Gold Sinks to 10.5-Month Low, Silver Tumbles 7.3%
Precious metals futures dived Thursday, extending losses that began Wednesday afternoon following hawkish Fed news.
Gold for February delivery dropped $33.90, or 2.9%, to settle at $1,129.80 an ounce on the Comex division of the New York Mercantile Exchange [...]
Gold, Silver Trade Lower After Fed Statement
Precious metals futures posted gains in normal trading Wednesday, then gave them and more back in after-hours trade when the Fed released its latest policy statement.
Gold for February delivery added $4.70, or 0.4%, to settle at $1,163.70 an ounce on the Comex division of the New York Mercantile Exchange. In electronic trading after the Fed news [...]