Gold Hits 2014 Low, US Coin Sales at Multi-Month Highs
Gold settled at its lowest price this year and logged its third straight weekly decline. Other precious metals also dropped on the day and week.
Conversely, physical demand for gold and silver surged. United States Mint weekly bullion sales were the highest in more than four months for silver coins and the best for gold coins since the 2014-dated versions launched in early January [...]
Boys Town Centennial Commemorative Coin Act Passed in House
Commemorative coins celebrating the 100th anniversary of Boys Town are a step closer to reality with the House's passage on Monday, Sept. 15, of the Boys Town Centennial Commemorative Coin Act, H.R. 2866.
If the legislation is approved in the Senate and signed by the President, the United States Mint will produce and sell up to [...]
American Silver Eagle Production at West Point Mint
On our recent visit to the United States Mint at West Point, my brother Mike and I were given the opportunity to witness a lot of the operations. Truth be told, our initial excitement centered on the production of 2014 50th Anniversary Kennedy half-dollars.
Speaking for myself, I was also in awe at the vault of about $2 billion in gold and silver bars. Still, another aspect of the West Point Mint that caught my attention was the production of bullion American Silver Eagles [...]
Gold Ends at New 8-Month Low, Silver Falls 1.2%
Gold prices closed to a new 8-month low on Thursday, marking a second day of declines and deeper losses that began following the Fed's policy statement release on Wednesday which raised expectations of quicker rake hikes in 2015.
Gold for December delivery fell $9, or 0.7%, to finish at $1,226.90 an ounce on the Comex division of the New York Mercantile Exchange [...]
US Coin Production in August, Great Sand Dunes Quarter Mintages
For the first time in seven months and for only the second time this year, United States Mint in August struck fewer than 1 billion coins for circulation.
That's not too eyebrow-raising since August is typically tepid for coin production, one of the slowest months of a given year [...]
US Government Prints 576 Million Banknotes in August 2014
For a second straight month, the US government in August printed more money for circulation than the prior month but the combined value of the notes declined.
576 million in $1s, $5s, $10s, $20s $50s and $100s were produced last month for a combined value of $8.512 billion [...]
Gold Slips as US Inflation Dips in August, Falls More after...
Gold prices settled lower for the first time in three sessions, pinned by easing U.S. inflation and the Federal Open Market Committee's latest statement.
Gold for December delivery shed 80 cents to close at $1,235.90 an ounce on the Comex division of the New York Mercantile Exchange. Gold moved lower still in after-hours trade [...]
US Mint Sales: Coin Covers and Coin Sets Debut
New $1 coin covers, quarters sets and annual uncirculated sets sparked interest and helped buoy sales across other United States Mint products.
Sales gains widened with 91 older products outperforming their prior weekly sales compared to 56 previously [...]
Canadian 2014 $5 Poinsettia Silver Coin with Niobium Coloring
The Royal Canadian Mint launched its third release from a series featuring popular flowers with the 2014 $5 Poinsettia Fine Silver Coin with Niobium Coloring.
Highlighting the coin's design is a poinsettia flower that has been individually oxidized to permanently change the color of the metal. Surrounding the niobium core is 99.99% pure silver [...]
Gold Gains for Second Session, Silver for Third
Gold prices advanced for a second session in a row Tuesday, though many investors were sidelined, looking ahead to the Fed's policy announcement on Wednesday.
Gold for December delivery added $1.60, or 0.1%, to settle at $1,236.70 an ounce on the Comex division of the New York Mercantile Exchange [...]
