In The Lead – There’s Platinum In Them Thar…Glaciers!
The midweek session in precious metals opened with some price softness across the complex but the situation soon shifted a bit towards the firmer side of prices (at least in gold which rose to near $1,620 an ounce) as poor US May retail sales data once again rekindled QE "Fedspectations" in the speculative crowd...
Silver, which briefly touched just above $29 but was last seen nearly unchanged, at that same figure. More on silver and on gold from both a technical as well as supply/demand perspective follows later [...]
2012 Silver Proof Set Sales at 189,628 in One Week
Newly released U.S. Mint figures offer first glancing sales for the 2012 Silver Proof Set.
Orders reached 189,628 between its launch on Monday, June 4, through to Monday, June 11. The one-week total is an impressive start for the popular numismatic product, but it also represents the weakest one in years for the annual set [...]
Press Club Honors Mike Fuljenz for Gold Advisories
Michael Fuljenz, President of Universal Coin & Bullion in Beaumont, Texas, again has been honored by journalism professionals for his consumer education writings about gold and other precious metals.
The Press Club of Southeast Texas presented Fuljenz and Universal Coin & Bullion with a first place Excellence in the Media Award in the brochure category for [...]
Gold Rises for 3rd Day as Silver Climbs for 2nd, 1...
Gold on Tuesday rose for a third straight session and silver for its second as safe-haven demand broadened.
Gold prices for August delivery closed to $1,613.80 an ounce on the Comex in New York, gaining $17.00 or 1.1%. Gold traded between [...]
Acadia Quarter Three-Coin Set Available
Collector versions of the newly released 2012 quarters for Acadia National Park in Maine launched today, June 12, from the United States Mint. The Acadia Quarter Three-Coin Set is on sale for $9.95.
The thirteenth release in the America the Beautiful Quarters Three-Coin Set™ series and the third for this year is popular with collectors because [...]
1907 UHR Double Eagle Featured in Stack’s Bowers Baltimore Coin Auction
Stack's Bowers Galleries, the Official Auctioneer of the Whitman Coins and Collectible Expo in Baltimore, is proud to present the blockbuster MCMVII (1907) Ultra High Relief Saint-Gaudens double eagle offered as lot 4438.
The coin is the single finest certified example of the type in the absolutely stunning grade of Proof-69 (PCGS); no examples have been graded finer than this coin at either of the major grading services [...]
Gold Prices Edge Higher, US Silver Eagles Advance Most
Gold on Monday rose 0.3% for a second straight session of modest gains. Silver edged a bit higher than the yellow metal at 0.5% while platinum and palladium were the clear winners on the day with respective increases 1.7% and 2.1%.
Gold prices for August delivery climbed $5.40 to settle at $1,596.80 an ounce on the Comex in New York [...]
2012 Acadia Park Quarters Released, Rolls and Bags Available
A near simultaneous launch of the 2012 Acadia National Park Quarters occurred on Monday, June 11 by the United States Mint and the Federal Reserve Banking System. The new coin features a design emblematic of the national park located in the state of Maine.
As with all America the Beautiful Quarters®, the U.S. Mint produces circulating quality Acadia quarters at its facilities in Philadelphia and Denver [...]
In The Lead – Taking A Slowing Boat To China
Friday's last minute "I won't go home flat just in case" type pop in gold prices netted the yellow metal a $6.40 gain on the day but it fell short of erasing the 1.9% decline that gold suffered on the week.
Polled market observers had gone into last week's action convinced that bullion was going to build on the large gains achieved on the previous Friday. Alas, Fed Chairman Bernanke took the bullish wind out of their speculative sails with [...]
Gold Logs Weekly Loss, Silver Dips 0.1%, US Bullion Coins Surge
Gold was the lone precious metal to advance Friday, but all of the major metals logged weekly losses due, in large part, to Fed Chairman Ben Bernanke's Congressional testimony on Thursday which lacked hints of stimulus and dashed investors' hopes.
Precious metals registered weekly losses of 1.9% for gold, 0.1% for silver, 0.6% for platinum and 0.3% for palladium [...]
