In The Lead – Europe After Dark
This morning, gold spot dealings opened at the $1,704 mark on the bid-side and follow-through buying by momentum players was expected to become manifest for at least the first half of the day's session. Silver traded 7 pennies higher and was quoted at $33.34 the ounce. Current resistance in the white metal extends from $33.50 to $34 the ounce.
The noble metals advanced by $6 each in the case of platinum and palladium. The former reached $1,570 and the latter $647 per ounce. Copper added another 3.3% this morning-for good measure. Oil fell back by [...]
Gold Rallies Above $1,700, Silver Soars $1.41
Gold futures rallied nearly $50 Tuesday and closed above $1,700 an ounce as fresh concerns surfaced over Europe's debit crisis.
"People are realizing that the European situation is not resolving itself, and it's coming to the forefront again," Reuters earlier quoted Zachary Oxman, managing director at futures broker TrendMax.com. "If we can close above $1,700, I think we will see a meaningful jump in the next few weeks and $1,900 is very possible again."
Gold prices soared $48.10, or 2.9 percent, to $1,700.40 an ounce in the December futures contract [...]
Glacier National Park 5 Oz Silver Uncirculated Coin Launches
Launched at the lowest price in the series to date, collectors can now purchase the 2011-P Glacier National Park Five Ounce Silver Uncirculated Coin for $229.95.
The United States Mint released the uncirculated coin at noon Eastern Time Tuesday, October 25. It is the second 2011-dated five ounce collector issue, and the seventh overall in the America the Beautiful Five Ounce Silver Uncirculated Coin™ series. The first four coins in the series, also released this year, sold out. The fifth and sixth coins are still available and at the same $229.95 -- these two originally launched $50 higher at $279.95 [...]
Gold, Silver Extend Gains into Second Day
Gold rose along with stocks and other riskier bets Monday, marking a second straight day of gains that cut into last week's losses.
"Gold has moved away from a more traditional safe haven to a risker asset, commodity-type play," Reuters quoted David Meger, director of metals trading at futures broker Vision Financial Markets. "And riskier assets are all trading in tandem right now with the Europe situation."
Gold prices advanced $16.20, or 1.0 percent, to $1,652.30 an ounce in the December futures contract [...]
Canadian $20 Canoe Silver Coin for $20 Approaches Sell Out
Collectors who may be interested but have not yet purchased the commemorative Canadian $20 Canoe Silver Coin may want to now, as the $20 coin sold for $20 is approaching a sell out.
The $20 Canoe silver coin is the second issue in a Royal Canadian Mint commemorative series that features coins sold at face value. The first, depicting a series of maple leafs, had a mintage of 200,000 and sold out in 29 days. The commemorative Canoe coin's mintage was raised to 250,000, and 79 percent of them have already been sold in 27 days, the Royal Canadian Mint announced Monday [...]
Release Dates for 2012 America the Beautiful Quarters
Release dates are now known for the five 2012 America the Beautiful Quarters® that celebrate El Yunque National Forest in Puerto Rico, Chaco Culture National Historical Park in New Mexico, Acadia National Park in Maine, Volcanoes National Park in Hawaii and Denali National Park in Alaska.
Marking the third year since the quarters were introduced, the coins represent the 11th through 15th issue in the series which honor national parks and other national sites throughout the United States, D.C., and each U.S. Territory. There will be 56 quarters in total upon the final issue in 2021 [...]
In The Lead – Maybe We Should Pay Greece With Bitcoin?
Monday's New York spot metals' dealings opened with assorted gains that ranged from a strong 3.7% for copper to about a tenth of that for silver. Gold was bid at $1,656 and showed a gain of $14.20 per ounce while the white metal climbed one dime to reach $31.51 the ounce.
Those initial gains in gold moderated somewhat after the first hour of trading action. The noble metals advanced more robustly, with platinum rising $21 to the $1,532 level and with palladium gaining $17 to reach $629 the ounce. No changes were reported in rhodium which was still bid at $1,625 this morning [...]
Santa Clara Coin, Stamp & Collectibles Expo Held Nov. 18 –...
The Santa Clara Coin, Stamp & Collectibles Expo will be held Friday through Sunday, November 18 - 20, 2011 in the Santa Clara, California Convention Center, 5001 Great America Parkway.
Open to the public, over 400 dealers will be buying and selling gold, rare coins, paper money, postage stamps, postcards, autographs, historical documents, antiques and [...]
Gold, Silver Suffer Weekly Losses; Bullion American Silver Eagle Tops 36M
Gold surged Friday, snapping a string of four straight daily losses.
Gold prices rose $23.20, or 1.4 percent, to settle at $1,636.10 an ounce in the December futures contract on the Comex in New York. The yellow metal traded between $1,612.80 and $1,649.80.
Although prices moved within a somewhat narrow range Friday, they swung with a touch of volatility during the week. The five days of trading saw an intraday low price of $1,604.70 an ounce on Thursday and a high of $1,696.80 an ounce on Monday -- more than a $92 difference [...]
$299.95 Price for American Silver Eagle 25th Anniversary Set
Pricing for the American Silver Eagle 25th Anniversary Set was announced on Thursday by the United States Mint.
The collectible anniversary set featuring five 2011-dated American Silver Eagles will be available for $299.95, more than some expectations but less than others. Scheduled for release on October 27, the sets have an order limit of five per household.
Reaffirmed by the Mint Thursday as well was the 100,000 maximum mintage, which is appealing [...]
