Monthly Archives: August 2020
Gold Dips in August, Snapping Streak of Monthly Gains; U.S. Mint...
Most precious metals advanced in their start to the new trading week on Monday, padding their monthly gains. Gold was one of the winners on the day, but it also stood alone with a loss in August -- its first monthly decline in six months.
Gold for December delivery rose $3.70, or 0.2%, to settle at $1,978.60 an ounce on the Comex division of the New York Mercantile Exchange [...]
Gold Logs 1.4% Weekly Gain
Precious metals finished sharply higher Friday, padding their weekly gains. Gold's weekly advance was its first in three weeks.
Gold for December delivery tacked on $42.30, or 2.2%, to settle at $1,974.90 an ounce on the Comex division of the New York Mercantile Exchange [...]
2020 Colorized Basketball Commemorative Coins Launch
We travel to new territory with the United States Mint as it releases its first ever coins with applied color. Debuting today from the U.S. Mint are colorized 2020 Basketball Hall of Fame Commemorative Coins.
The two dome-shaped coins issued in recognition of the 60th Anniversary of the Naismith Memorial Basketball Hall of Fame go on sale beginning at Noon ET. Their non-colorized counterparts launched earlier this year [...]
Perth Mint Gold Bullion Sales Jump in July
Demand for Australian bullion products in July ranged from solid to strong compared to June and a year ago, according to sales figures from The Perth Mint of Australia.
The monthly gains happened against a backdrop of surging precious metals with LBMA prices last month posting gains of 11.1% for gold and 34.9% for silver [...]
Precious Metals Decline Thursday, Aug. 27
Precious metals futures registered losses Thursday that ranged from 1% for both gold and palladium to 1.5% for silver.
Gold for December delivery fell $19.90 to settle at $1,932.60 an ounce on the Comex division of the New York Mercantile Exchange. [...]
U.S. Mint Produces Nearly 1.7 Billion Coins for Circulation in July
U.S. coin production soared for a second month in a row, manufacturing figures from the United States Mint show.
In July, U.S. Mint facilities in Philadelphia and Denver struck nearly 1.7 billion coins for circulation, marking their highest monthly output since January 2017 [...]
US Mint Sales: Women’s Suffrage and Barbara Bush Coins Debut
The United States Mint last week introduced five new products for collectors. All of them were among the Mint's top weekly sellers.
Released Aug.18 at prices ranging from $64 to $120, three of the newest products commemorate the centennial of the 100th Anniversary of Women's Suffrage. They led weekly sales [...]
Precious Metals Rise Wed., Aug. 26
Precious metals posted gains Wednesday that ranged from 0.6% for platinum to 4.5% for silver. Silver logged its first increase in six sessions. Gold's advanced was its first in three sessions.
Gold for December delivery tacked on $29.40, or 1.5%, to settle at $1,952.50 an ounce on the Comex division of the New York Mercantile Exchange [...]
PCGS To Offer Special Labels For Basketball HOF Colorized Coins
Professional Coin Grading Service (www.PCGS.com) will grade and have special insert labels for colorized 2020 Basketball Hall of Fame Clad Half Dollars and Silver Dollars, the first colorized coins to ever be officially issued by the United States Mint.
These special United States Mint Commemorative Coins, being colorized post-strike by private vendor Lularose, will be sold to the public through the United States Mint in limited quantities and are scheduled to be released starting August 28 [...]
NGC Wins Four NLG 2020 Awards
The Numismatic Literary Guild (NLG) has once again recognized Numismatic Guaranty Corporation® (NGC) for its efforts to provide educational and engaging content to the coin collecting community.
NGC was honored with four awards: one for its social media presence and three for its monthly columns about US, world and ancient coins, a reflection of NGC's broad expertise [...]