According to a recently released report from the World Gold Council, total identifiable gold demand fell 34% in the third quarter of 2009. The main reason for the decline was comparison to the exceptionally strong demand in experienced in the year ago period. Gold demand did show an increase compared to the preceding quarter. Compared […]
US Mint Raises Prices for Numismatic Gold Coins
The surge in the price of gold over the past few weeks has prompted the United States Mint to raise prices for their numismatic gold coin products to the highest levels ever. The prices for currently available products were adjusted around 12:00 Noon ET today. Earlier this year, the United States Mint adopted a new […]
United States Mint Gold and Silver Bullion Sales for October 2009
The United States Mint recorded another month of strong sales for its gold and silver bullion coin products. During October 2009, the US Mint sold one ounce American Silver Eagles, one ounce American Gold Eagles, and from October 15, 2009 offered one ounce American Gold Buffalo coins. The addition of the Gold Buffalo offering pushed […]
US Mint Silver Bullion Sales Top Annual Record
The continuing heavy demand for precious metals has pushed annual sales of the United States Mint’s American Silver Eagle bullion coin to an all time high. The number of one ounce silver coins sold to date already exceeds the previous record level reached in the previous year. The American Silver Eagle has been issued since […]
Bullion Sales Figures 10/18/2009- Gold Eagle, Silver Eagle, Gold Buffalo
The latest weekly sales for bullion coins offered by the United States Mint are available. The US Mint currently offers just three bullion coin options. This includes the one ounce American Silver Eagle, one ounce American Gold Eagle, and one ounce American Gold Buffalo. The 2009 Gold Buffalo bullion coin was offered for the first […]
How the US Mint Could Have Produced 2009 Proof Gold and Silver Eagles
Could the United States Mint have produced 2009 collector Gold and Silver Eagles and remained within their legal obligation to produce bullion coins in quantities sufficient to meet public demand? The United States Mint will not produce collectible proof American Gold and Silver Eagle coins for the first time since the series introduction in 1986. […]
The Perth Mint Reaches Record Profit of $38 Million
Gold Corporation, which trades as The Perth Mint, achieved a profit of $38 Million for their financial year ended June 30, 2009. This compares to a profit of $3.7 million in the previous year. The record profit comes amidst booming worldwide demand for their precious metal bullion and coin products. Other highlights include a 46% […]
Second Largest Gold Nugget in the World on Display
A gold nugget weighing 25.5 kilograms is currently on display at the Perth Mint in Australia. This weight makes it the second largest nugget in the world today that has escaped melting, and the twenty sixth largest gold nugget ever discovered. Newmont Mining Corporation’s Normandy Nugget and was found in a dry stream bed near […]
Cash 4 Gold Review – Paid 18% of Gold Value
My wife and I recently sent some items to Cash 4 Gold, a company that allows you to send jewelry or other items with gold content in exchange for a prompt cash payment. The company has become somewhat well known following some mainstream media coverage, a Super Bowl ad, and extensive internet advertising. First, some […]
Gold, Silver, Platinum Week Ending August 7, 2009
Gold, silver, and platinum all posted gains for the week, lead by silver which was up 7.48%. Platinum posted a gain of 5.97% and gold was up 1.81%. Gold had reached a two month high on Thursday when it moved above $970 per ounce. The gains were pared on Friday after upbeat US jobs data […]
