Monthly Archives: March 2019
Pace of Perth Mint Gold and Silver Bullion Sales Slows in...
Sales of Australian bullion products slowed in February from the previous month and from a year earlier, according to figures published by The Perth Mint. The Mint's gold sales slipped to an eight-month low and its silver sales dipped to their weakest level in six months.
The dual monthly slowdowns happened against a backdrop of sliding precious metals in February with LBMA prices logging losses of 0.3% for gold and 1.6% for silver [...]
Gold and Silver Settle at 1-Month Highs
Precious metals scored gains Monday that ranged from 0.8% for gold to 1.8% for palladium. Gold and silver finished the day at about one-month highs.
Gold for April delivery advanced $10.30 to settle at $1,322.60 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since Feb. 26 [...]
U.S. Mint Makes 1.25 Billion Coins in February; Lowell Quarter Mintage...
U.S. coin production slowed in February but held above one billion coins for a second month in a row and was quicker than a year ago, according to the latest manufacturing figures from the United States Mint.
Mint figures also revealed mintages for Massachusetts' Lowell quarter, the first of this year's five quarters with unique designs [...]
Gold Ends Friday at Three-Week High
Most precious metals ended lower Friday yet still posted weekly gains. Palladium stood out with a very sharp daily loss just two days after notching a record. Gold not only climbed on Friday it logged a more than three-week high settlement.
Gold for April delivery added $5, or 0.4%, to finish at $1,312.30 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since Feb. 28 [...]
U.S. Mint Announces Basketball Coin Design Competition
Artists from around the nation are being sought by the United States Mint to create a design for dome-shaped coins celebrating the sport of basketball. The winning artist will receive $5,000 and their initials will appear on each coin.
Authorized under Public Law 115-343, the 2020 Naismith Memorial Basketball Hall of Fame Commemorative Coins will minted in denominations of $5, $1, and 50c with corresponding compositions of gold, silver and regular clad like those in circulation [...]
BEP Releases Cherry Blossom Engraved Print
Earlier this week, on Wednesday, March 20, the Bureau of Engraving and Printing (BEP) started selling its Cherry Blossom Engraved Print.
The print's release coincided with the opening day of the National Cherry Blossom Festival -- an annual spring celebration in Washington, DC, commemorating the March 1912 gift of 3,000 Japanese cherry trees from the Mayor of Tokyo to the city [...]
Gold and Silver Prices End at 1-Week Highs
Gold and silver futures maintained gains that began in later trade Wednesday following a dovish-taken Fed policy statement. Both metals ended at more than one-week highs.
Gold for April delivery added $5.60, or 0.4%, to settle at $1,307.30 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the strongest since a week ago Wednesday, March 13 [...]
Palladium Posts Fresh Record, Gold Rises After Fed Statement
Platinum and palladium advanced for a third straight session Wednesday, with palladium also extending its streak to three in a row for record settlements. Gold and silver, meanwhile, ended lower in normal hours and then gained later in electronic trading following the release of the Fed's latest monetary policy statement.
Gold for April delivery shed $4.80, or 0.4%, to settle at $1,301.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Mint Sales: American Legion Coins Debut
The U.S. Mint released updated sales figures for its collection of American Legion 100th Anniversary Commemorative Coins.
Released last Thursday at prices ranging from $25.95 to $418.75, the seven commemorative products realized first-day sales of 39,671 coins for $3,629,464.25. Orders through the weekend climbed by another [...]
Precious Metals Rise; Palladium Logs New Record
Precious metals advanced Tuesday. Gains in platinum and palladium were their second in a row, and palladium scored another new record settlement -- its second straight.
Gold for April delivery added $5, or 0.4%, to close at $1,306.50 an ounce on the Comex division of the New York Mercantile Exchange. The close was the strongest since last Wednesday, March 13 [...]