Gold Edges Lower Ahead of Fed Rate Decision
Gold futures closed to an almost 2-week low on Tuesday while silver bounced modestly from a more than 6.3-year low.
Gold for February delivery shed $1.80, or 0.2%, to settle at $1,061.60 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Coin Production Highest Since 2001; Saratoga 25c Mintages
The United States Mint this year has struck more coins for circulation than in any year since 2001, according to production data the agency published on Thursday, Dec. 10. The figures also reveal mintages for the new quarter commemorating Saratoga National Historical Park in New York.
Coining presses did slow in November from their furious pace in October [...]
US Banknote Production Slows in November
U.S. money production in November dropped to the lowest level since February but picked up slightly from a year earlier, data from the agency responsible for printing American currency shows.
Over 528.1 million in $1s, $2s, $5s, $10s, $20s and $100s came out of printing presses last month, accounting for a combined value of more than $12.4 billion [...]
Silver Lowest Since July 2009; Silver Eagle Record Tops 46.6M
Gold and silver futures moved lower to kick off the new trading week on Monday as oil prices neared 11-year lows. Gold slipped to a more than 1-week low while silver fell to a more than 6.3-year low.
Gold for February delivery declined $12.30, or 1.1%, to close at $1,063.40 an ounce on the Comex division of the New York Mercantile Exchange [...]
Final 2015 Silver Eagle Allocation Set at 1.13 Million
The United States Mint on Monday established the final weekly allocation of American Eagle silver bullion coins. The agency has limited sales of the one-ounce, .999 fine silver coins for most of the year because of silver planchet shortages.
This week's allocation climbed 5.1% to 1,130,000 coins [...]
Gold Logs 7th Weekly Loss in 8 Weeks; Silver Hits 6.3-Year...
Gold futures moved higher on Friday but they still posted their seventh weekly loss in eight weeks. Silver, meanwhile, dropped to a near 6.3-year low.
Gold for February delivery rose $3.70, or 0.3%, to settle at $1,075.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
2015 American Silver Eagle Product Sales End Dec. 30
A wide selection of United States Mint products are going off sale this month, the agency announced today, Dec. 11. We're not just talking about commemorative coins that always have a sales deadline near a year's end. The list includes eight products with numismatic American Silver Eagles and a half-dozen annual sets.
A new law is the reason cited for removing current products with an American Silver Eagle [...]
2016 Mark Twain Commemorative Coin Images
The United States Mint this week published images of the silver dollars and $5 gold coins commemorating Mark Twain's life and legacy. Their designs were only just unveiled last Saturday, Nov. 28, at an event celebrating the 180th anniversary of Twain's birth.
Featuring portraits of the famed author and scenes from his books [...]
Perth Mint Silver Sales Strong in Nov, Gold Sales Weaken
Demand for Perth Mint bullion products slowed in November, although sales of silver coins continued to run at a much faster than typical pace.
November sales of Perth Mint silver coins at 1,145,239 ounces fell 34.6 % from October's total of 1,751,898 ounces, which dropped 47.7 % from the 3,349,557 ounces in September. Consider, however, that these monthly totals rank first, second and third highest since [...]
Gold and Silver Futures Settle Lower
Precious metals futures turned lower on Thursday as the U.S. dollar rebounded and oil prices declined.
Gold for February delivery lost $4.50, or 0.4%, to settle at $1,072 an ounce on the Comex division of the New York Mercantile Exchange [...]
