CoinNews

U.S. gold prices rose Monday, marking a second straight day of gains. Silver advanced 1.6 percent, its best pick-up in nearly two weeks and its first in four sessions. Safe-haven buying over economic concerns was a factor analysts pegged in driving demand for the precious metals.

August gold prices rose $4.80, or 0.3 percent, to $1,547.20 an ounce on the Comex in New York. Gold prices hit an intraday low of $1,541.60 and a high of $1,553.40 [...]

Last month turned out to be the best ever May and the fourth best month in history for United States Mint American Eagle Silver bullion coins.

Despite a United States Mint allocation policy which limits the number of Silver Eagles sold to its distributors through rationing, a total 3,635,500 of the .999 fine silver bullion coins were sold in May 2011. Sales easily exceeded last month's, which came in at 2,819,000 -- a top fifteen all-time month in its own right [...]

The Stack's Bowers Galleries June 2011 Baltimore Auction will feature 7,107 total lots, including more than 4,100 lots of U.S. coins and exonumia and an additional 680+ lots of U.S. currency, plus three foreign coin and paper money sessions by Stack's Bowers and Ponterio, presenting more than 1,700 lots of world coins and 520+ lots of world paper money.

Lot viewing will be conducted by appointment at the firm's Irvine, California, headquarters May 27-June 1, at the firm's New York office June 6-June 9, and onsite at the Baltimore Convention Center June 13-18 [...]

U.S. gold prices settled modestly higher this week, boosted by safe-haven buying on the back of poor U.S. economic data. Gold registered a 0.3 percent weekly gain, ending above $1,542 an ounce.

Other precious metals to advance since last Friday included platinum at 1.3 percent and palladium at 3.1 percent. Silver continued is slide of the last three days and closed with a weekly loss of 4.4 percent [...]

The uncirculated Mary Todd Lincoln First Spouse Gold Coin sold out Thursday, leaving the proof version as the only available option left from the United States Mint.

Both gold coins launched December 2, and as expected were a bit more popular initially when compared against other recent issues in the one half ounce, 24-karat gold coin series. The US Mint anticipated higher demand and said it would release up to 20,000 across both options, a higher mintage than the other 2010 First Spouse Gold Coins [...]

Gold prices turned higher following the jobs report and traded as high as $1,535 the ounce, while silver narrowed its earlier losses to only 44 cents and was quoted at $35.91 per ounce.

Platinum and palladium did not show too much movement in the wake of the data and traded near unchanged-to-slightly-higher levels at $1,815 and at $771.00 per ounce respectively [...]

The United States Mint this week confirmed that it will make the Yosemite National Park 5 Oz Silver Uncirculated Coin available on Thursday, June 9, 2011.

The three-inch diameter, .999 fine silver collector coin had been listed in the Mint's June schedule for an expected release on the 9th, but its launch was set in stone and release details affirmed in a media statement the bureau issued Thursday.

The United States Mint will release up to 27,000 Yosemite silver coins beginning on June 9 at noon ET. Unless silver's direction changes radically in the next few days, it will go on sale at $279.95 [...]

The United States Mint Yellowstone National Park 5 Oz Silver Uncirculated Coin sold out late Wednesday afternoon.

All orders abruptly stopped without the option of a waiting list for collectors who might have hoped an older order was cancelled. Wyoming's Yellowstone silver coin went straight to the US Mint's online "No Longer Available" page [...]

U.S. gold futures declined 0.7 percent Thursday, falling from the previous session's four-week high. Silver was pounded, tumbling 4 percent and toward the low $36 an ounce level. Risk aversion, profit-taking and a climbing euro were among the factors analysts cited for the southerly move in precious metals prices.

August gold prices stepped back $10.50 to close at $1,532.70 an ounce on the Comex in New York. Gold's lowest level came in at $1,520.40. It reached a high of $1,545.50 [...]

U.S. gold futures advanced Wednesday as the dollar dropped after U.S. economic reports revealed dismal growth in private-sector jobs and worrisome manufacturing data.

August gold prices rose $6.40, or 0.4 percent, to settle at $1,543.20 an ounce on the Comex in New York -- its highest level since May 3. Prices touched an intraday low of $1,530.40 and a high of [...]