US Mint Sales: First Spouse Gold Coins Surge, Two Sell Out
The latest round of US Mint sales figures reveals some interesting weekly results. First Spouse Gold Coins jumped, resulting in two new sell outs this week. 2011 America the Beautiful Quarters Proof Sets debuted, but at a slower pace. And in a milestone, the 2011 Silver Proof Sets rallied above 300,000.
First Spouse Gold Coins rallied 968 as a group versus their previous weekly increase of 336. The following three uncirculated issues enjoyed the biggest gains [...]
Wednesday Kitcommentary: Gold Offer. Below Market Price. Not Spam.
Mild gains were noted in precious metals for a fourth session this morning and they were primarily driven by currency market gyrations and the uncertainties engendered by the on-going Japanese post-quake woes and by the allied campaign taking place in Libya.
Spot gold prices opened the New York midweek session with a gain of $3.80 per ounce and were quoted at $1,432.60 as of 8:20 local time. The advance in the [...]
House Committee Drafts Coinage Oversight Plan
Congress plans to address at least four topics related to coins in the upcoming two years -- counterfeits, costs, commemoratives and demand.
These topics are outlined in the recently published Oversight Plan of the Committee On Financial Services for the One Hundred Twelfth Congress. Their inclusion indicates that at least some members of the committee have an interest in [...]
Gold Extends Gains for Fifth Day, Silver Rises to $36.27
U.S. gold futures advanced Tuesday for a fifth straight day, but the 0.1 percent gain was the weakest in the string of increases.
Silver marked its third consecutive day of gains, rising 0.7 percent. Other precious metals declined slightly.
April gold prices ended up $1.20 to $1,427.60 an ounce [...]
Austrian Mint Issues Robotics Silver and Niobium Bimetallic Coin
The Austrian Mint has issued the 2011 edition of its highly sought after niobium and silver bimetallic coin, this year featuring Robotics.
Robotics is no longer science fiction but an integral part of our daily lives. Almost every aspect of our modern lives has been touched by Robotics from simple tasks such as vacuuming, or pool cleaning to precision manufacturing or voice controls in cars, protecting soldiers in the field and exploration of outer space, to name but a few [...]
Gold Rallies for Fourth Day, Silver Returns to $36
U.S. gold futures rallied for a fourth straight day on Monday, hitting its highest price in more than a week as it climbed 0.7 percent.
Silver was the best performing precious metal, returning to $36 an ounce as it jumped 2.7 percent.
April gold prices rose $10.30 to close at $1,426.40 an ounce on the Comex in New York. Gold prices traded at a low of [...]
Canadian Mint Issues Spring 2011 Collector Coins
The Royal Canadian Mint is heralding the return of spring with a parade of coins showcasing Canada's unique ties to royalty and its profound attachment to its natural and cultural heritage.
These appealing new coins include: the new $15 Sterling Silver Continuity of the Crown series; a $3 Fine Silver "Family Scene" coin; the Orca Whale coin from the $3 Sterling Silver Gold-Plated Wildlife Conservation Series; the "Barn Swallow" from the 25-Cent Coloured Birds of Canada series; the Elk Calf Young Wildlife Specimen Set and the classic 2011 50-Cent Circulation Coin Roll [...]
Monday Kitcommentary – Where There Is Smoke…
Monday morning's New York trading sessions opened with robust gains both in black and yellow gold as speculators continued to add a healthy dose of fear-based premium to both commodities, and as they sold the US dollar off some more in the process.
Spot gold dealings started the day off with a $12.20 per ounce climb to the $1,431.90 level and although resistance is thought to be looming overhead in the mid-1,430s, the bets being currently made by market participants allude to potential visits to the previous highs near [...]
Gold Nugget’s $460,000 Winning Bid Placed by Spectrum Numismatics International
The $460,000 winning bid for a headline-making, 100-ounce gold nugget was made by Spectrum Numismatics International of Irvine, California, a division of Spectrum Group International, at a public auction in Sacramento, California on March 16, 2011.
Nicknamed the "Washington Nugget" because it was discovered last year near Washington, California, it is believed to be the largest, verifiable California gold nugget still in existence. The auction on the eve of the [...]
Gold and Silver Prices Rise Friday, but Retreat on Week
U.S. gold and silver prices rose solidly Friday, but all precious metals registered weekly losses.
After starting the week with two sharp declines, the yellow metal put a string of gains together for three straight days. Although gold was just as volatile as other metals, it was least changed in percentage terms -- for the day and the week.
On Friday, April gold prices rose $11.90, or 0.8 percent, to end at [...]
