Gold, Silver and Platinum Soar in May; US Mint Bullion Sales SlowPrecious metals prices climbed higher Friday, padding their monthly gains, although platinum and palladium did fall from their week ago levels. Silver finished at its best price in more than three-months while gold closed at a one-and-a-half-month high.

Gold for August delivery tacked on $23.40, or 1.4%, to settle at $1,751.70 an ounce on the Comex division of the New York Mercantile Exchange. The finish was the highest since April 14 when gold ended at a more than seven-year high […]

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CCAC to Review New American Eagle Gold and Silver Coin DesignsThe Citizens Coinage Advisory Committee (CCAC) will hold a meeting by teleconference on Tuesday, June 23 to review and discuss candidate designs for American Eagle gold and silver coins, a silver dollar, and several medals.

The CCAC is tasked with advising the Secretary of the Treasury on themes and designs pertaining to all United States coins and medals […]

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Gold Edges Higher; Silver Climbs 1.2%In futures trading Thursday, gold and silver advanced while platinum and palladium declined. Gold’s gain was its first in three days.

Gold for August delivery edged up $1.50, or 0.09%, to settle at $1,728.30 an ounce on the Comex division of the New York Mercantile Exchange […]

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US Mint Requesting CCAC Applications to Represent Interests of PublicThe United States Mint is accepting applications through June 19, 2020 for appointment to the Citizens Coinage Advisory Committee (CCAC) as a member representing the interests of the general public.

Authorized by the enactment in 2003 of Public Law 108-15, the CCAC advises the Secretary of the Treasury on design and theme proposals for U.S. coins and medals […]

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Precious Metals Mixed Wednesday, May 27Trading action was mixed for precious metals Wednesday. Silver and platinum gained while gold and palladium declined. Their changes were modest, overall.

Gold for August delivery — the new, most-active contract — shed $1.40, or 0.08%, to settle at $1,726.80 an ounce on the Comex division of the New York Mercantile Exchange […]

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US Mint Sales: Weir Farm Quarters and 5 Oz Coin DebutThe United States Mint released seven products last week recognizing Weir Farm National Historic Site in Connecticut. The U.S. Mint’s latest sales stats show how well they performed in the early going.

Released a week ago Monday, May 18, the Weir Farm quarter is the second of five issues for 2020. New products include rolls and bags of quarters from Philadelphia, Denver and San Francisco with mint marks of ‘P’, ‘D’ and ‘S’. The number sold through Sunday combined to 1,902,660 quarters, which is near the top when compared against early starts of other recent quarters […]

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Stack's Bowers Galleries Acquires Carter NumismaticsStack’s Bowers Galleries ("SBG") is proud to announce the acquisition of Carter Numismatics Incorporated ("CNI") and the addition of Jason Carter to its industry-leading team of numismatic professionals.

Carter joins SBG as executive vice president and he, John Morgan and the CNI team will continue to operate out of the new SBG offices in Tulsa, Oklahoma […]

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Gold Ends at 2-Week Low on Tuesday, May 26Precious metals futures closed mostly lower Tuesday after an extended break from trading for the U.S. Memorial Day holiday on Monday. Gold ended the day at a just over two-week low.

Gold for June delivery fell $29.90, or 1.7%, to settle at $1,705.60 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the lowest since May 11 […]

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ACEF: Counterfeiting Battles Continued in MayA fraudulent advertisement for bullion coins on Facebook, fake encapsulation holders and requests for expert help from federal agencies kept the nonprofit Anti-Counterfeiting Educational Foundation (www.ACEFonline.org) busy during May 2020.

"Among the cases we’re investigating is the sale of ten fake one-ounce silver American Eagles. They were unsuspectingly purchased by someone who responded to an advertisement that popped up while he was checking his Facebook account. All ten coins he received in response to his order were counterfeit," said Doug Davis, Director of the ACEF Anti-Counterfeiting Task Force […]

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Gold Declines on Week While Silver, Platinum and Palladium SoarPrecious metals bounced Friday from their significant losses on Thursday, aside from palladium which sank for a second day but rallied overall on the week. Silver and platinum also jumped on the week. Gold, however, registered a weekly decline.

Gold for June delivery on Friday rose $13.60, or 0.8%, to settle at $1,735.50 an ounce on the Comex division of the New York Mercantile Exchange […]

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