Gold, Silver Rebound in Mixed Week, US Coins also Mixed
Gold and silver rebounded sharply Friday after three straight daily losses, but only silver managed to cross into positive territory this week.
Among weekly prices, gold edged down 0.5% while other precious metals posted gains of 1.1% for silver and palladium and 0.4% for platinum
On Friday, gold prices for December delivery jumped $18.60, or 1.2%, to $1,609.30 an ounce [...]
Pro Football Hall of Fame Commemorative Coins Pass House
Pro Football Hall of Fame Commemorative Coins could make an appearance two years after commemorative coins for the National Baseball Hall of Fame are released.
On Thursday, August 2, 2012, the U.S. House of Representatives passed H.R. 4104, the Pro Football Hall of Fame Commemorative Coin Act. The bill calls for up to 50,000 $5 gold coins, a maximum of 400,000 silver dollars and up to 750,000 clad half dollars [...]
March of Dimes Commemorative Coin Approved in House
On Wednesday, August 1, 2012, the U.S. House of Representatives passed legislation calling for a 2015-dated commemorative coin in recognition of the 75th anniversary of the March of Dimes.
Introduced by Rep. Bob Dold (R-IL) on October 13, 2011, the March of Dimes Commemorative Coin Act would authorize the U.S. Mint to produce up to 500,000 silver dollars in [...]
collector proof and uncirculated qualities.
Coin & Currency Set, Platinum Eagle, S Acadia 25c in Week...
The United States Mint is geared up for an active period, spanning the second week of August. Another Silver Eagle related product gets things started, followed by more San Francisco-made coins and a new Platinum Eagle.
Beginning Tuesday, August 7, a new item will go on sale, the Making American History Coin & Currency Set. The set celebrates the [...]
In The Lead – Head-Hunting Of Another Kind
Ahead of this morning's jobs report, gold prices finally managed their first gain in five days, rising to near $1,595 per ounce on the assumption that bargain hunters might provide some support to the metal under the $1,600 level. It could turn out to be the case by day's end that gold will have turned in its worst weekly performance in six with a decline of roughly 1.5%...
Well, the US Labor Department reported that in the month of July US employers created a very robust 163,000 positions. The figure was 63,000 above consensus expectations. However, the overall jobless rate ticked up [...]
Rare Coins Certified by PCGS Featured in August Hong Kong Auctions
Hundreds of rare coins certified by Professional Coin Grading Service will be featured in the four auctions conducted before and during the August 2012 Hong Kong International Coin Convention & Antique Watch Fair (HICC).
The first auction will be conducted by Rarehouse Auction Ltd. at the Marco Polo Hong Kong Hotel, 3 Canton Road, Harbour City, Kowloon, on August 18 and 19, 2012 [...]
Gold Slips Below $1600, Silver Under $27, US Bullion Coins Up
Gold extended a losing streak to three days, weighed down by disappointed over the perceived inaction from central banks. Neither the ECB on Thursday nor the Federal Reserve on Wednesday offered investor-desired stimulus measures.
Gold prices for December delivery slid $16.60, or 1.0%, to $1,590.70 an ounce [...]
2012-W Uncirculated American Silver Eagles Debut
On Thursday, August 2, 2012, the United States Mint released collectible 2012-W Uncirculated American Silver Eagles for $45.95 each.
Although the price of the one ounce, 99.9% fine silver coin is the same as the 2011-dated issue, the newer one debuts $14.50 lower than the initial price of last year's Eagle when it launched in September [...]
American Eagle Gold, Silver Coin Sales Dip in July
Demand for U.S. gold and silver coins retreated in July, continuing a hilly trend of gradually declining sales.
Buying activity did spike, but late. Exceptionally sluggish demand around July 4th and through the third week of July drove U.S. Mint sales of American Eagle gold and silver coins to three-month lows [...]
Gold, Silver Decline for Second Day, US Coins Unchanged
Gold declined Wednesday as investors' doubts of more easing from the Fed turned into reality.
After ending 0.6% higher in July, gold prices for December delivery lost $7.30, or 0.5%, to $1,607.30 an ounce. It was gold's second straight day of losses [...]
