Monthly Archives: January 2017
Gold, Silver Surge in January; US Mint Bullion Coin Sales Solid
Precious metals futures rallied Tuesday, padding their gains for January, with gold marking its best close in more than a week and silver ending at its highest level in nearly 3 months.
Gold for April delivery added $15.40, or 1.3%, to settle at $1,211.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
2017 Mint Set, 2017 Proof Set and 2017 Silver Proof Set...
The United States Mint announced new pricing for its three most popular annual sets for 2017. They look attractive at multi-year lows, but that appeal loses some luster when remembering that the sets have fewer dollars.
Last year marked the end of the Presidential $1 Coin Program so this year's proof, silver proof, and uncirculated sets have from 3 to 6 fewer coins. The new prices include [...]
Thirteenth Annual PNG YN Scholarship Competition Announced
For a 13th straight year, Professional Numismatists Guild (PNG) will offer a scholarship to attend the annual ANA Summer Seminar in Colorado Springs, Colorado.
Young numismatists (YN) between the ages of 13 and 22 are invited to apply. The scholarship will cover the cost of one of the six-day courses ANA provides during its annual summer series of education programs [...]
Gold Logs First Gain In Five Sessions
Precious metals futures closed mostly higher in their start to the fresh trading week on Monday. Gold gained for the first time in five sessions as U.S. stocks declined.
Gold for April delivery climbed $4.90, or 0.4%, to settle at $1,196 an ounce on the Comex division of the New York Mercantile Exchange [...]
Gold Logs First Weekly Decline in Five Weeks; New Platinum Eagles...
Precious metals were mixed on Friday and for the week. Gold futures ended lower for a fourth straight day, marking their first weekly loss in five weeks. Silver, meanwhile, extended its weekly winning streak to four in a row.
On Friday, gold for February delivery dipped $1.40, or 0.1%, to settle at $1,188.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Coin Production Hits 16 Billion in 2016
U.S. coining presses were busy in 2016 but they did get a bit of relief from 2015 when they struck the most coins since 2001, according to annual production figures released by the United States Mint.
Production facilities in Philadelphia and Denver shipped over 16 billion coins to Federal Reserve Banks for distribution into the economy [...]
US Banknote Production Slows In December To Near 3-Year Low
Banknote production slowed in December for a fourth straight month and to an almost 3-year low, data from the agency responsible for printing U.S. currency shows.
The Bureau of Engraving and Printing (BEP) produced 423.36 million banknotes last month, the lowest amount since February 2014, for a combined value of about $11 billion [...]
Perth Mint Gold and Silver Sales Surge in 2016
Australian bullion sales ended mixed in December but sharply higher for 2016, figures from the Perth Mint show.
December sales of gold coins and gold bars at 63,420 ounces advanced 15.8% from November and surged 58.2% from the same month a year earlier [...]
Gold Falls For Third Day; US Mint Gold Coin Sales Rise
Gold futures traded lower for a third straight session Thursday, closing at a more than 2-week low as the U.S. dollar gained.
Gold for February delivery shed $8, or 0.7%, to settle at $1,189.80 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Sales: 2016 NPS Gold Commemorative Coin Hits Mintage Low
Two commemorative United States Mint products launched last week, the 2017 Lions Clubs International Centennial Silver Dollars in proof and uncirculated qualities.
But having already talked about them aplenty for now, we'll jump straight to the topic that headlines this article [...]