Monthly Archives: August 2019
Gold Settles Near 6.3-Year High
Precious metals futures registered gains on Monday that ranged from 0.6% for platinum to 1.3% for gold. Gold's close was its best in nearly 6.3 years.
Gold for December delivery tacked on $19 to finish at $1,476.50 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since April 12, 2013 when gold ended at $1,501.40 an ounce [...]
U.S. Mint Products for August: Regular and Reverse Proofs, Ornaments, and...
The United States Mint will release more than a dozen products this month, including a San Francisco Mint-struck proof American Silver Eagle, Apollo 11 coin and intaglio print combinations, a presidential silver medal, two ornaments, an American Liberty gold coin and silver medal, and San Antonio Missions coins.
The West Point Mint's proof Silver Eagle debuted in January and has sales so far of more than 300,000. The edition from San Francisco, which kicks of the U.S. Mint's month with an Aug. 6 release, features the same proof finish and $55.95 price [...]
Gold Ends Week Above 6-Year High; Other Metals Decline
Gold futures stood alone among precious metals with their weekly gain. The yellow metal surged 1.8% on Friday, closing at its strongest level in more than six years.
Gold for December delivery rallied $25.10 to settle at $1,457.50 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since May 9, 2013 when gold ended at $1,468.60 an ounce [...]
Basketball Commemorative Coin Designs Reviewed
United States Mint coins will be issued in 2020 to recognize the 60th anniversary of the Naismith Memorial Basketball Hall of Fame.
The program of $5 gold, $1 silver and 50c clad commemoratives will share designs with reverses depicting a basketball and obverses emblematic of the game of basketball. They will be dome-shaped, and possibly feature some color [...]
Gold Settles Lower, Then Soars; Palladium Plunges 7.2%
Precious metals futures declined in their start to the new trading month. Gold was the least impacted, falling less than 0.4%. The yellow metal then rallied in after-hours dealings following a tweet from President Trump about raising tariffs on Chinese imports.
Gold for December delivery shed $5.40 to settle at $1,432.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
PCGS Announces New Team Members
The Professional Coin Grading Service (PCGS.com) team has gained three new members bringing a wide range of numismatic knowledge and business acumen.
Well-known banknote and counterfeit expert Bruce Thornton has joined as the Director of Banknote Grading, numismatic educator and vintage coin grader Steve Feltner began a role as Director of Numismatic Education and Outreach, and Michael Oviedo, business development expert, has taken on the role of Director of International Business [...]