Gold Dips Slightly, Platinum Prices Spike 2.7%
Gold dipped modestly Wednesday with profit-taking cited as the major catalyst.
Platinum and palladium each advanced for an eighth straight session. Platinum prices for October delivery soared $42.60, or 2.7%, to $1,649.60 an ounce. Platinum ranged from $1,603.50 to $1,659.50. Strike fears were attributed to the gains [...]
2012 First Spouse Gold Coins Delayed, US Mint Announces
Stating the obvious, there has been a delay in the release of the 2012 First Spouse Gold Coins. Normally by this time of year, three of the four one-half ounce, 24-karat gold coins would have been issued.
On Tuesday, September 11, 2012, the U.S. Mint published the following message on the home page of its online store, the First Spouse Gold Coin sales area and on its product schedule page [...]
US Numismatic Platinum and Gold Coin Price Increases Expected
United States Mint pricing for its numismatic platinum or gold coins have been raised three times since early August. Another round of increases is expected on Wednesday, September 12, 2012.
Based on projections, the U.S. Mint by noon ET is likely to increase prices on the following numismatic products [...]
Gold Edges 0.2% Higher as Silver Dips 0.2%
Precious metals logged narrow changes Tuesday as gold and platinum each gained 0.2% while palladium advanced 0.3% and silver lost 0.2%.
Gold for December delivery edged up $3.10 to close at $1,734.90 an ounce on the Comex in New York. Prices traded between intraday levels of $1,728.00 and $1,740.50 [...]
PCGS Expands Coin Grading Services in Europe
Professional Coin Grading Service has expanded its services in Europe with the opening of a new, larger submission center in Paris and the creation of the PCGSEurope.com web site (www.PCGSEurope.com) that includes useful coin information in five languages for collectors and dealers as well as easy-to-use coin submission forms.
The new PCGS European Submission Center is conveniently located in the La Bourse-Richelieu Drouot area of Paris [...]
Tepid Sales Debut for 2012 Annual Uncirculated Dollar Coin Set
Opening sales were a bit slow for the 2012 Annual Uncirculated Dollar Coin Set, although the two previous annual sets did not exactly start with blazing hotness either.
Between its release on September 6, 2012 and through to September 10, 2012, collectors purchased 4,941. It is the weakest start this year for a product containing an American Silver Eagle, perhaps indicating [...]
Debut Sales for Hawai’i Volcanoes National Park Quarters Three-Coin Set
Starting demand for the Hawai'i Volcanoes National Park Quarters Three-Coin Set was stronger than six of the last seven sets released, according to the latest U.S. Mint sales figures.
Between its release on September 4, 2012 and through to September 10, 2012, coin collectors ordered a total of 11,074 [...]
2012 Hawaii Volcanoes 5 Oz Silver Bullion Coin Sales Begin
Sales of the Hawaii Volcanoes National Park Five Ounce Silver Bullion Coin have begun.
According to the United States Mint, a total of 7,900 have been sold to date. This was based on sales figures offered by the Mint with an as of date of today, September 10, 2012 [...]
Gold, Silver Retreat on Profit Taking, US Bullion Coins Surge
Gold and silver retreated to start the new trading week as investors booked profits following last week's sharp gains. United States Mint bullion coins, on the other hand, surged forward.
The shorter-term directions of coins and metals are likely to hinge on the Fed's two-day policy meeting that ends Thursday with the release of its monetary statement [...]
Gold Jumps 3.1% on Week as Silver Soars 7.1%, US Bullion...
Following news of the dismal employment picture, gold prices for December delivery surged $34.90 to $1,740.50 an ounce on the Comex in New York. The settlement price was the highest for the metal since its closing at $1,788.40 an ounce on February 28.
Many traders, analysts and bullion dealers are bullish for gold prices next week, based on weekly gold surveys [...]
