Monthly Archives: September 2018
Precious Metals Little Changed Monday, Sept. 24
Precious metals futures ended mixed Monday for a second straight session. Changes across the metals were modest, ranging from a less than 0.1% decline in platinum to a 0.6% increase in palladium. The latter posted a fresh, six-month high.
Gold for December delivery rose $3.10, or 0.3%, to settle at $1,204.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
Gold Edges Higher For Second Straight Week
Precious metals futures ended mixed on Friday. Gold dropped rather sharply from a more than three-week high but managed to eke out a weekly win. Silver, platinum and palladium scored from solid to exceptional weekly gains.
Gold for December delivery fell $10, or 0.8%, to settle at $1,201.30 an ounce on the Comex division of the New York Mercantile Exchange [...]
Fractional Coin Set for 30th Anniversary of Platinum Maple Leaf
In celebration of the 30th anniversary of the Platinum Maple Leaf, the Royal Canadian Mint is offering a set of fractional coins that share a unique design of three maple leaves.
Included in the fractional set are 99.95% platinum coins that range in denomination and weight from $30 at 16 grams to $300 at 1.16 grams [...]
Gold, Silver Log 3-Week Highs; Palladium Scores Best Close Since February
Precious metals futures advanced as a group for a second straight session Thursday. Gold and silver closed at about three-week highs while palladium posted its best finish since late February.
Gold for December delivery rose $3, or 0.3, to settle at $1,211.30 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint 2018 Fall Products Include Breast Cancer Coin and Stamp...
A standout this fall in the line-up of United States Mint products for collectors is the 2018 Breast Cancer Awareness Coin and Stamp Set.
This limited-edition set goes on sale Oct. 1 for $39.95. Restricted to 25,000 sets with a household order limit of one, the product couples one 2018-S 50c Proof Breast Cancer Awareness coin from the U.S. Mint with one Breast Cancer Research Forever® stamp from the U.S. Postal Service [...]
Bill Seeks to End Taxation of Precious Metals Coins, Gold and...
Legislation introduced Sept. 12 in the U.S. House of Representative is calling to end taxes on precious metals coins and gold and silver bullion.
H.R.6790, titled the Monetary Metals Tax Neutrality Act of 2018, would amend IRS code to clarify that gain or loss on the sale of certain coins or bullion is exempt from recognition [...]
US Mint Sales: Cumberland Island 3-Coin Set Debuts
A single United States Mint product launched last week, the Cumberland Island National Seashore Quarter Three-Coin Set, and it was the Mint's best weekly seller.
Released last Thursday, Sept. 13, the collectible includes an uncirculated quarter from the Philadelphia and Denver Mints and a proof quarter from the San Francisco Mint [...]