Monthly Archives: January 2020

Gold futures declined Friday, sliding from a nearly seven-year high, but they still scored a six straight weekly increase and a second consecutive monthly gain.

Gold for April delivery on Friday lost $1.30, or 0.08%, to settle at $1,587.90 an ounce on the Comex division of the New York Mercantile Exchange. On Thursday, they closed at their highest price since April 1, 2012 [...]

The pace of producing U.S. coins for circulation slowed for a fourth straight year after peaking to a 14-year high, the latest manufacturing figures from the United States Mint show.

In 2019, U.S. Mint production facilities in Philadelphia and Denver shipped over 11.9 billion coins to Federal Reserve Banks, marking a decline of 9% from the more than 13.1 billion coins made in 2018 [...]

Australian bullion sales surged in December, the latest figures from The Perth Mint of Australia show, capping an exceptional year for the Mint's silver coins and bars and a solid year for its gold coins and bars.

In December, the Mint's silver sales were the fourth strongest for a month since CoinNews started tracking the Mint's data in February 2013. Using the same criteria, the Mint's gold sales were the third best on record [...]

Precious metals futures logged gains Thursday ranging from 0.5% for platinum to 2.9% for silver. Gold registered its best close since early 2013.

Gold for April delivery -- the new, most active contract -- gained $13.20, or 0.8%, to settle at $1,589.20 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since April 1, 2013 when gold finished at $1,600.90 an ounce [...]

Today, Jan. 30, the United States Mint started accepting orders for its 2020-W Proof American Platinum Eagle — Pursuit of Happiness coin, the final of three issues from the Preamble to the Declaration of Independence design series.

Struck in 1-ounce .9995 platinum, coins in the themed program feature unique obverse (head side) designs that are paired with a common reverse (tails side) design. Obverses celebrate the three tenets in the Preamble to the Declaration of Independence — Life, Liberty and Happiness [...]

Gold, silver and palladium futures advanced Wednesday while platinum declined. Gains in gold and silver were modest.

Gold for February delivery edged up 60 cents, or 0.04%, to settle at $1,570.40 an ounce on the Comex division of the New York Mercantile Exchange [...]

A federal court judge in Camden, New Jersey has sentenced admitted counterfeit coins importer, Johnathan A. Kirschner, 35, of Moorestown, New Jersey, to 10½ years in prison.

After being alerted by members of the Anti-Counterfeiting Educational Foundation (www.ACEFonline.org) about the sale of counterfeit coins to unsuspecting buyers, investigators discovered and confiscated at Kirschner's home fake gold and silver coins and bogus ingots that would have been worth more than $46 million if they were genuine, according to ACEF [...]

Precious metals futures divided Tuesday with platinum and palladium posting gains and gold and silver logging losses.

Gold for February delivery declined $7.60, or 0.5%, to settle at $1,569.80 an ounce on the Comex division of the New York Mercantile Exchange [...]

Gold prices finished Monday at their strongest level since early 2013. Elsewhere, silver, platinum and palladium declined.

Gold for February delivery added $5.50, or 0.4%, to end at $1,577.40 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since April 9, 2013 when gold closed at $1,586.70 an ounce [...]