Gold and Silver Prices Tumble 2.6%
U.S. markets were pulverized Tuesday after China unexpectedly hiked interest rates.
The action boosted the U.S. dollar, which sank gold and silver futures prices by 2.6 percent.
Crude oil prices tumbled the most in eight months and below $80 a barrel while U.S. stocks posted their biggest loss in two months. The Dow fell 1.48 percent, the S&P 500 lost 1.59 percent, and the Nasdaq dropped 1.76 percent. [...]
Gold, Silver, Metal Prices Commentary – October 19, 2010
For the first time in three years the People's Bank of China decided that the pace at which domestic inflation is has been running is sufficiently unacceptable to warrant an interest rate hike. Thus, the central bank increased its one-year deposit rate to 2.5% (a quarter-point adjustment) and raised its lending rate to 5.56% after learning that the country's inflation rate rose to 3.5% in August [...]
Australian Commemorative Coins Honors Saint Mary Mackillop
The Perth Mint has unveiled Australia's first gold and silver commemorative coin program to celebrate the canonization of Blessed Mary MacKillop.
Struck from 1oz of 99.9% pure silver and 1/10oz of 99.99% pure gold, each coin is issued as official Australian legal tender. Each release features a colour portrait of Blessed Mary and the inscriptions [...]
US Mint September 2010 Coin Production: Cents Top 3 Billion, Quarters...
The U.S. Mint was less active in September, producing fewer circulating coins for a third straight month as levels fell toward those from May, according to the latest data.
The pace was off 7.2 percent from August and down 24.9 percent from June -- the busiest month in 2010 when the United States Mint had capped a string of four consecutive monthly increases [...]
Gold, Silver, Metal Prices Commentary – October 18, 2010
Additional declines were noted in gold prices during the overnight hours as the emergent resurgence in the US dollar helped prompt additional profit-taking on the back of that already having been witnessed last Friday. The yellow metal appears poised to retrace some of its recent chart steps all the way to possibly the $1,327.00 level, according to analysts at Barclays Capital[...]
Gold and Silver Prices Rise for 5th Straight Week
Silver Coin Melt Values Skyrocket
Gold, Silver, Metal Prices Commentary – October 15, 2010
2013 Five-Star Generals Commemorative Coins
2011 Kangaroo Allied Rock-Wallaby Gold Coin Sells Out
