Gold, Silver Rally for Weekly Gain, US Bullion Coin Sales Ignite...
Gold soared on Friday and consequently for the week as the release of dismal U.S. jobs data fuelled expectations of further monetary stimulus from the Federal Reserve.
Gold prices rallied 3.4% higher than last Friday due to the near $58 jump-start for June. Weekly advances in other precious metals were 0.4% for silver, 0.5% for platinum and 4.1% for palladium [...]
Silver Proof Set, American Silver Eagle Coin Set Starts June for...
June looks to be a busy month for the United States Mint. Among the first new products to hit the numismatic street will be two silver proof sets -- a core annual offering and a two-coin set featuring San Francisco minted American Silver Eagle coins.
On Monday, June 4, the 2012 Silver Proof Set will be released for $67.95, the same price as last year's issue [...]
Star-Spangled Banner Bicentennial Silver Dollar Set Released by US Mint
Today, June 1, 2012, the United States Mint placed the limited-edition 2012 Star-Spangled Banner Bicentennial Silver Dollar Set on sale for a price of $53.95.
Included for the price is a 2012-P Proof Star-Spangled Banner Silver Dollar which, interestingly, is sold separately for $1 more at $54.95. This coin is held within an attractive presentation folder which also contains [...]
In The Lead – Sold In May…and Ran Away
For the time being, the US jobs data (which -- at 69,000 jobs added -- was not at all what the markets had hoped for) could provide the fuel for a short-term bounce towards the $1,600 area and once again reignite hopes for the Fed to offer some form of QE. More about that contentious topic will follow below.
Doing the math is a pretty precise... exercise and it leaves no room for positive spin. The negative performance math stacks up as follows for the month of May [...]
2012 Kookaburra Silver Bullion Coin Features Dragon Privy Mark
A new version of the 2012 Kookaburra Silver Bullion Coin has been issued by the Perth Mint of Australia that gives collectors and investors who missed the original strike a second chance. The 2012 Dragon Privy Kookaburra Silver Bullion Coin is available now, while the limited mintage lasts.
This new Kookaburra coin features the same basic designs as found on the original strike, however, the Perth Mint has added a special dragon privy mark in recognition of [...]
2012 Australian Diamond Jubilee Kilo Gold and Silver Coins Available
The latest releases in the Diamond Jubilee commemorative coin program from the Perth Mint of Australia feature two large gold and silver coins.
A Diamond Jubilee is a celebration marking 60 years of a British monarch's reign, and the last one occurred in 1897 for Queen Victoria. Celebrations for Queen Elizabeth II [...]
Gold Prices Slide 6% in May as Silver Declines 10.5%, US...
Investors fled from commodities in May as precious metals were pounded lower to the tune of 6.0% for gold, 10.5% for silver, 9.8% for platinum and 10.0% for palladium.
Gold during most of the month failed to elicit safe-haven buying despite debt turmoil across the euro zone. Instead, the yellow metal tended to move in tandem with equities as the Dow and Nasdaq logged their worst monthly performance in two years [...]
$149.95 Price for 2012 San Francisco American Silver Eagle Two-Coin Set
Pricing for the upcoming 2012 American Eagle San Francisco Two-Coin Silver Proof Set has been decided by the United States Mint.
It will get released one week from today on June 7, 2012 for a price of $149.95. Details about the set were first revealed in April but its price was not published [...]
US Mint Sales: Debuting Products Lead but Silver Coins Impress
Debuting products led U.S. Mint sales but a number of silver coins and a few gold coins also appeared prominently on the sales charts.
Newly released 2012 U.S. Mint Uncirculated Coin Sets reached opening sales of 164,459 to lead all collector offerings last week. While other world mints would be thrilled to score such high sales [...]
Gold Advances 0.9% as Silver Gains 0.7%, US Coins Unchanged
Gold futures prices rose 0.9% Wednesday, recouping a portion of the losses logged in the previous session.
In a rarity of late, gold advanced despite a stronger U.S. dollar which had been driving prices lower. Gains in the yellow metal were attributed to bargain-hunting following Tuesday's more than $20 loss and on safe-haven buying as the European debt crisis churned world stocks [...]
