Monthly Archives: September 2017
Gold Tops $1,300; American Palladium Eagle Sales Open at 15,000
Most precious metals futures kicked of the new trading week with gains, led by gold which returned above the $1,300 an ounce level.
Gold for December delivery advanced $14, or 1.1%, to settle at $1,311.50 an ounce on the Comex division of the New York Mercantile Exchange [...]
2019 Quarter and 5 Oz Coin Design Candidates Reviewed
The Citizens Coinage Advisory Committee (CCAC) and Commission of Fine Arts (CFA) have recommended designs for the U.S. Mint's 2019-dated America the Beautiful Quarters® and companion 5-ounce silver coins.
Introduced in 2010, the 56-quarter series celebrates national sites throughout the 50 states, the District of Columbia and the five U.S. territories. The five locations up for honors in 2019 are [...]
Gold, Silver End Lower for Second Week in a Row
Gold and silver futures were divided Friday but both dropped on the week, marking their second straight weekly losses after scoring three weeks of gains.
Gold for December delivery tacked on $2.70, or 0.2%, to settle at $1,297.50 an ounce on the Comex division of the New York Mercantile Exchange [...]
OSS Medal Designs Reviewed
Revised designs for a congressional gold medal honoring the Office of Strategic Services (OSS) went under review this week and two of them became the clear winners.
The medal along with bronze duplicates will honor members of the OSS for their service and contributions during World War II [...]
Gold and Silver Prices Settle at Four-Week Lows
Gold and silver maintained losses Thursday that first began in after-hours trading Wednesday when the Federal Reserve signaled a December hike in interest rates. Both metals ended at four-week lows.
Gold for December delivery declined $21.60, or 1.6%, to settle at $1,294.80 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Sales: Ellis Island 3-Coin Set Debuts
Orders picked up a bit across U.S. Mint collector products, according to the latest round of weekly sales figures. The broader gains were supported by the release of the Ellis Island Three-Coin Set.
Containing an uncirculated quarter from the Philadelphia and Denver Mints and a proof quarter from the San Francisco Mint, the set scored four-day sales of 10,513 for the strongest start among series issues since 2016 [...]
Gold Settles Higher, Then Falls After Fed Statement
Most precious metals ended modestly higher Wednesday with gold gaining for the first time in four sessions and silver advancing for a second day in a row. Both metals than declined in after-hours trading following the statement release by the Federal Open Market Committee (FOMC) which signaled one more rate hike this year.
Gold for December delivery rose $5.80, or 0.4%, to settle at $1,316.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
2017 $25 American Palladium Eagle Images Unveiled
The United States Mint today published images of the 2017 $25 American Palladium Eagle, the first issue in a new annual series of American Eagle bullion coins. Earlier this week, the agency announced that it would launch the coin program on Sept. 25.
Coin obverses offer a high-relief rendition of sculptor Adolph A. Weinman's Winged Liberty Head design for the dime struck in 1916 [...]
Perth Mint Silver Bullion Sales Tumble in August
Australian bullion demand declined in August, according to figures from The Perth Mint, though only somewhat for gold coins. They sank to a one-year low for silver coins.
These sales registered against a backdrop of rising precious metals with LBMA prices in August registering advances of 3.5% for both gold and silver [...]
Gold Little Changed, Silver Snaps 6-Session Losing Streak
Precious metals futures were, once again, mostly lower Tuesday. Gold eased just enough to log a third straight session loss. Platinum and palladium posted heavier declines. Silver, meanwhile, ended higher for the first time in seven sessions.
Gold for December delivery inched down 20 cents to close at $1,310.60 an ounce on the Comex division of the New York Mercantile Exchange [...]