Gold Prices Inch Lower to Snap Streak, US Coins Unchanged
Gold inched 0.1% lower in light trading Monday, snapping a streak of session increases that had tallied to six by Friday when the yellow metal logged a 2.3% weekly gain.
Gold prices for August delivery shed $1.10 to $1,627.00 an ounce on the Comex in New York. Gold closed nearer the intraday high of $1,631.30 versus the low of $1,606.90 [...]
In The Lead – The Hangover – Part II
Spot dealings opened with lower prices in all but palladium this morning in New York. Gold lost $9 to be bid at $1,618 per ounce while silver declined 42 cents to the $28.32 mark per ounce. Platinum fell $2 to $1,478 the ounce while palladium bucked the trend and climbed $1 to $626 per ounce...
Background market indications showed the US dollar rising 0.65% on the trade-weighted index (to 81.88) while crude oil [...]
Gold, Silver, Metals Up on Week, Solid Sales of US...
Gold advanced Friday for a sixth straight session, capping a weekly gain of 2.3% after dropping 1.9% last week.
Other precious metals climbed on the week as well with increases of 0.9% for silver, 4.4% for platinum and 3.0% for palladium. European debt woes and Fed stimulus hopes were principally supportive of gold and tracking silver [...]
2012 Presidential $1 Coin Cover, SF Quarters in 3rd Week of...
The third week of June, spanning from day 18 to 22, tips off new collector products from the United States Mint. Debuting first will be a Presidential $1 Coin Cover, followed later in the week by San Francisco quarters in bags and rolls.
Grover Cleveland's (First Term) Presidential $1 Coin Cover kicks off Tuesday, June 19. It is the 22nd issue, and it [...]
In The Lead – The Edge Of Hedging
Volatility and indecision patterns dominated Thursday's trade in gold and silver while platinum and palladium posted solid gains on the session.
The yellow metal darted back and forth from gains to losses and traded over a relatively wide, $20 range as market participants attempted to capitalize on the most recent increase in jobless claims, then on the hefty decline in US May consumer prices, and finally on the continuing flow of euro crisis-related news [...]
1787 Brasher Doubloon Coin Worth $10 Million Graded by NGC
Numismatic Guaranty Corporation (NGC), the world's largest third-party coin grading company, has graded and encapsulated what may be the world's most valuable coin.
Prominent numismatist Walter Perschke is the owner of the coin, which is believed to be the finest known example of the rare Brasher Doubloon. Perschke first purchased the Brasher Doubloon in 1979 for $430,000, then a record price for a coin. It is now valued at $10 million [...]
Gold Gains After US Inflation Data, Silver Coins Extend Streak
Gold edged 20 cents higher Thursday, the smallest of successive and mostly modest daily gains since Friday.
US inflation tamed further last month, a factor that first pressured and then later supported gold, opined analysts. The US Labor Department reported Thursday morning that consumer prices declined 0.3% in May for the biggest [...]
Canadian 2012 Collector Coins Celebrate Anniversaries and Milestones
The Royal Canadian Mint is pleased to introduce beautifully designed and exquisitely crafted collector coins which continue to capture the spirit and excitement of the many milestones and anniversaries Canadians are celebrating in 2012.
"The world's greatest sporting events and our wonderfully diverse heritage continue to offer the Mint new and exciting ways to reflect the pride of Canadians in celebrating their culture, their national symbols and their history through unforgettable collector coins," said Ian E. Bennett [...]
US Coin Sales Spike: 7 Best Product Sellers – Silver Eagles...
Last week's debut of the 2012 Silver Proof Set and 2012 San Francisco American Silver Eagle Two Coin Proof Set propelled U.S. Mint unit sales higher and expanded interest across other products to a level not seen since the Christmas holiday season.
Specifically, 82 products outperformed their prior weekly sales versus the 65 noted in the previous week. The 7-day improvement was the best since the U.S. Mint sales report of December 5, 2011 [...]
Gold Edges Up, Silver Near Flat, Wide Sales for US Bullion...
Gold ended slightly higher for a fourth straight session on Wednesday with safe-haven demand and hopes for more Fed stimulus again given the credit.
Gold prices for August delivery climbed $5.60, or 0.3%, to settle at $1,619.40 an ounce on the Comex in New York. Intraday prices ranged from a low of [...]
