Bullion Articles and Precious Metal Reports

Daily morning commentary on gold, silver, platinum and palladium, as well as their closing prices in New York and London are provided in the following bullion articles and precious metals reports.

2008 American Eagle and Buffalo Bullion CoinsThe collector’s eye is scanning for scarcer gold and platinum coins to purchase after the United States Mint’s announcement on Monday to slash future coins from its numismatic portfolio.

With 22 collector American Eagle and Buffalo gold and platinum coins to face elimination in 2009, opportunities have improved for several to rise in value based on that alone. And even more so for others after comparing their prices and sales figures.

But how did we get to this point? Also, what collector bullion coins are the best buy?

Read the rest of this numismatic news article »

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Gold lost nearly one-third of its highest peak on Monday, but still gained more than $12 on the day. The announcement of China’s massive $586 billion stimulus package on Sunday helped spur precious metals investors forward. New York silver, gold and platinum futures gained 2.6 percent, 1.7 percent and 0.9 percent, respectively. December crude-oil surged […]

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The United States Mint announced on Monday that it will discontinue more than 300 coin and medal products in 2009, to include several bullion coins, and it will conduct a "Last Chance Sale" to clear out out inventory in preparation for its move to a new fulfillment center.   "We are responding to the collector […]

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Precious metals rose slightly for the week, but stocks turned lower. London silver, gold and platinum gained 0.8 percent, 0.2 percent, and 1.3 percent, respectively. The Dow declined 4.1 percent, following its 11.3 percent rally last week. The S&P lost 3.9 percent on the week, and the Nasdaq dropped 4.3 percent from last Friday’s close. […]

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The U.S. dollar retreated against the backdrop of unexpectedly poorer unemployment numbers reported on Friday. After, New York gold and platinum futures climbed 0.3 percent and 1.6 percent, respectively. Silver fell 0.9 percent. Oil inched slightly higher following two previous day loses. December crude gained 27 cents, or 0.4 percent, to close to $61.04 a […]

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Precious metals declined Thursday as the U.S. dollar gained against other world currencies after the Bank of England and the European Central Bank cut interest rates in an attempt to stimulate their economies. New York silver, gold and platinum futures lost 3.8 percent, 1.4 percent and 4.7 percent, respectively. December crude-oil fell for the second […]

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New York gold futures fell 2 percent on Wednesday as oil dropped and the U.S. dollar was propped up. A slumping economy was a cited culprit with fears of eroding demand for commodities. Silver and platinum gained 3.2 percent and 2.6 percent, respectively. December crude-oil fell $5.23, or 7.4 percent, to close to $65.30 a […]

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New York precious metal enjoyed across the board gains Tuesday as the U.S. dollar showed weakness. Silver, gold and platinum futures rose 3.9 percent, 4.2 percent and 3.7 percent, respectively. Oil surged upward 10.4 percent and above $70. December crude-oil jumped $6.62 to close to $70.53 a barrel, and a two-week high. December silver gained […]

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Gold Climbs 1.2 Percent

by CoinNews.net on November 3, 2008 · 0 comments

New York gold futures climbed 1.2 percent on Monday, recovering slightly from October’s registered biggest monthly loss in 25 years. Silver experienced a small 0.2 percent gain while platinum dropped 0.5 percent. December crude-oil fell $3.90 or 5.8 percent, to close to $63.91 a barrel — losing most of last week’s 6 percent gain. December […]

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Precious metals and world stock markets rushed forward for the week. London gold, silver and platinum gained 3 percent, 1.4 percent, and 7.7 percent, respectively. The Dow rallied 11.3 percent, marking its best performance in 34 years, but it also recorded its worst month since the October stock market crash of 1987. The S&P surged […]

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