Monthly Archives: July 2020
Gold Ends Week at Record; Silver Soars
Precious metals mixed it up on Friday but they all racked up impressive weekly gains. Silver declined for a second straight day after notching an almost seven-year high on Wednesday, yet still shot up more than $3 from a week ago. Gold, meanwhile, extended its streak of wins to six sessions and ended Friday at an all-time high.
Gold for August delivery advanced $7.50, or 0.4%, to a record settlement of $1,897.50 an ounce on the Comex division of the New York Mercantile Exchange [...]
U.S. Mint Statement on Circulating Coins
The impact of COVID-19 has resulted in the disruption of the supply channels of circulating coinage -- the pennies, nickels, dimes, and quarters that the American people and businesses use in their day-to-day transactions. The United States Mint (www.usmint.gov) is part of the solution to this issue, but we need your help as well.
In normal circumstances, retail transactions and coin recyclers return a significant amount of coins to circulation on a daily basis [...]
Donald Trump Presidential Medal Designs Recommended
Designs for the Donald J. Trump Presidential Medal have been recommended by the Commission of Fine Arts (CFA) and by the Citizens Coinage Advisory Committee (CCAC).
After the final designs are officially selected, the United States Mint will eventually transfer them onto bronze and silver medals and offer them for sale to the public [...]
US Mint Sales: 2020-W Proof Silver Eagle Tops 300,000 in Six...
Sales of the 2020-W Proof American Silver Eagle topped the 300,000 mark, the latest figures from the United States Mint show. The coin was also the U.S. Mint's most popular collectible for the week ending July 19.
Released Jan. 9, the individually-sold product advanced 18,089 from a week earlier for a total through six months of 300,534 coins [...]
Gold Nears Record; Silver Logs Best Finish Since 2013
Precious metals climbed as group for a fourth straight session Wednesday. Increases ranged from 1.2% for gold to 7.4% for silver. The former marked a fresh, near nine-year high while latter logged its best finish in almost seven years.
Gold for August delivery tacked on $21.20 to settle at $1,865.10 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since Sept. 6, 2011 when gold ended at $1,873.30 an ounce [...]
Gold Marks Best Close Since 2011; Silver Scores Highest Settlement Since...
Precious metals prices rallied Tuesday with gains ranging from 1.5% for gold to 7.1% for platinum. The former closed at a near nine-year high. Silver scored its highest finish in more than six years.
Gold for August delivery advanced $26.50 to settle at $1,843.90 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since Sept. 9, 2011 when gold ended at $1,859.50 an ounce [...]
2020-S Reverse Proof Connecticut American Innovation Dollar Released
Scientific invention is highlighted in the newest United States Mint product for collectors with today's release of the 2020-S Reverse Proof Connecticut American Innovation Dollar.
Heinz Joseph Gerber's innovative Gerber Variable Scale is depicted on the coin. Gerber invented the device while studying aeronautical engineering at Rensselaer Polytechnic Institute in 1945, just a few years after escaping Nazi-controlled Austria [...]
Gold Rises; Silver Ends Near 4-Year High
Precious metals futures posted gains Monday that ranged from 0.4% for gold to 2.2% for silver. The latter ended near a four-year high.
Gold for August delivery settled up $7.40 to $1,817.40 an ounce on the Comex division of the New York Mercantile Exchange. The close was the strongest since July 8 when gold finished near a nine-year high [...]
Gold and Silver Post Sixth Straight Weekly Gains
Precious metals futures advanced Friday, padding their weekly gains. In the notable column, both gold and silver posted their sixth straight weekly wins.
Gold for August delivery rose $9.70 or 0.5%, to settle at $1,810 an ounce on the Comex division of the New York Mercantile Exchange [...]
U.S. Coin Production Tops 6.5 Billion in First Half of 2020
U.S. coin production soared in June, registering the biggest output since January 2018, after three rather lackluster months.
Across a longer stretch of time, the United States Mint pressed just over 6.5 billion coins for circulation in the first half of 2020. That's seemingly an enormous amount but it's tracking toward a fifth straight annual decline [...]