Showing posts with label U.S. Mint. Show all posts
Showing posts with label U.S. Mint. Show all posts

Saturday, February 1, 2014

Gold Sales Jump in January

Sales of gold coins by the U.S. Mint rose 63 percent in January to the highest since April as futures rebounded.
The volume climbed to 91,500 ounces from 56,000 ounces in December, while sales of silver coins almost tripled to 4.78 million ounces, the highest in a year, mint data showed yesterday.  LINK...
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These low numbers in gold and silver will not last too much longer with demand continuing to break records.   BK

Wednesday, December 28, 2011

U.S. Mint says has enough gold, silver Eagles coins

Reuters
By Frank Tang

NEW YORK
Wed Dec 28, 2011 3:10pm EST


(Reuters) - The United States Mint said on Wednesday it has enough American Eagle gold and silver bullion coins to meet demand and does not expect to allocate them in early 2012.
Sales of the U.S. gold and silver bullion coins have slowed in the fourth quarter as precious metals prices retreated from record highs, bucking a trend earlier this year when investors flocked to physical gold and silver as safe havens.
"As we plan on having sufficient quantities of all coins available, we do not anticipate having to allocate the initial release," U.S. Mint spokesman Michael White said in a note.   LINK...