Trade Precious Metals

Gold Coins

US Mint Sells out Baseball Hall of Fame Gold Coins

After a surge of unprecedented interest, the U.S. Mint has sold out of the $5 gold baseball coins that went on sale at noon Thursday as part of the 2014 Baseball Hall of Fame Commemorative Coin program. All 50,000 of the gold coins issued for the program were sold by

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US Gold Coin Sales fell to 133,000 oz in January

Even as mints worldwide run overtime, US gold coin sales actually fell 40 percent in January from a year earlier, recent U.S. Mint data show. Sales by the U.S. Mint to gold dealers fell to 133,000 ounces from 222,500 a year ago. That’s still a strong monthly showing, but also falls

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Gold Coin demand rises: Austrian Gold Mint runs overtime

Austria’s mint is running 24 hours a day as global mints from the US to Australia report climbing demand for gold coins even while Goldman Sachs Group Inc. says this year’s price rebound will end. Austria’s Muenze Oesterreich AG mint hired extra employees and added a third eight-hour shift to

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The UK Royal Mint runs out of Sovereign Gold coins on demand

The UK’s Royal Mint, which traces its history back more than 1,000 years, ran out of 2014 Sovereign gold coins as prices near a six-month low led to “exceptional demand.” The mint, based in Llantrisant, Wales, expects to have stocks of the coins again by the end of January, it

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Gold coin sales in the US improve since 2012 levels

Gold fell $8.70 or 0.66% Friday, closing at $1,314.80/oz. Silver slid $0.04 or 0.18% closing at $21.84. Platinum edged off $0.26 or 0% to $1,448.24/oz, while palladium rose $1.51 or 0.2% to $736.51/oz. Gold and silver finished down on the week at 2.72% and 3.02%. U.S. Gold Coins Sales 2012

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India Rules Out Lifting of Ban on Gold Coin Imports

The Indian Finance Minister P. Chidambaram on Tuesday clarified that the government has no intentions what so ever to lift the ban on imports of gold coins and gold medallions during the festival season ahead. The Minister was referring to some media reports that some Indian jewellers were planning to

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Gold Retraces 50% of Both Summer ’13 and 2008-2011 Gains Ahead of Fed Vote

The wholesale price of gold halved an early 1.5% rally lunchtime Tuesday in London, dropping back to $1315 per ounce as world stock markets fell ahead of tomorrow’s long-awaited US Federal Reserve decision. Silver reversed all of an earlier 1.8% climb, falling back below $22 per ounce. UK and Eurozone

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Investors Seen at Lower Gold Prices

Gold fell $53.20 or 4.17 percent yesterday and closed at $1,224.10/oz. Silver slid to a low of $18.421 and finished down 5.46 percent. Cross Currency Table – (Bloomberg) Gold inched upward today after investors and speculators viewed the recent price falls as excessive and some began to dip their toes

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Perth Mint Gold and Silver Bullion Sales Remain Strong

The Perth Mint of Australia has released the latest monthly figures for the total ounces of gold and silver sold as coins and minted bars. While the total sales declined from the record highs experienced in April, they measured strong gains compared to last year. Sales of gold as coins and minted

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US Mint Suspends Sales Of Small Gold Coins – Premiums Rising

Gold fell $10.50 or 0.74% yesterday to $1,414.90/oz and silver lost 1.8%. The U.S. Mint is suspending sales of one-tenth oz American Eagle gold coins. The Mint says that sales are suspended as inventories are depleted and need to be replenished. Demand for one-tenth ounce gold coins is up 118%

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Silver Coin Demand May Outstrip Gold Coin: Societe Generale

The scenario of silver coin demand outstripping gold coin demand cannot be ruled out as there exists “considerable interest in Silver Eagles in Europe as well as North America,” according to Robin Bhar, head of metals research, Societe Generale. He also said that the investor appetite for silver on all

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US Mint Bullion-Coin Sales 3

Gold and silver come in multiple forms, each with their own unique yet interrelated supply-and-demand profiles.  Among the most popular in the US physical market are the bullion coins produced by the US Mint.  Investor demand for these beautiful coins has been robust in recent months despite all the unrelated

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U.S. Eagle Gold Coins Strongest Since 1999 – HNWs Taking Possession

Silver is trading at $33.49/oz, €25.80/oz and £20.94/oz. Platinum is trading at $1,599.50/oz, palladium at $676.50/oz and rhodium at $1,055/oz. Cross Currency Table- (Bloomberg) Gold fell $12.40 or 0.72% in New York on Friday and closed at $1,713.20/oz. Silver slid to a low of $33.15 and finished with a loss

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U.S. Gold Coins Set For Strongest November Sales In 14 Years

November sales of U.S. American Eagle gold coins are set to be the strongest in 14 years as uncertainty surrounding the U.S. fiscal crisis and the presidential election triggered safe-haven buying, dealers said. Occasional sharp price swings during early and late November also boosted bullion coin buying by investors and

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Gold Price Holding Gains, Germany Sold Gold “Only for Commemorative Coins”

The Gold Price hovered close to $1730 per ounce Thursday morning in London, holding onto gains made a day earlier, as European stock markets edged higher, with US markets closed today for Thanksgiving. “We believe that the German Bundesbank’s sale of 4.2 tonnes of gold was intended solely for producing commemorative coins,”

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