In The Lead – The Higher They Climb…
2012-01-13 20:17:51
Spot precious metals dealings opened the week's final session with lower prices across the boards ...
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Spot precious metals dealings opened the week's final session with lower prices across the boards and then went lower still. Gold fell $18 and was quoted just above the $1,630 bid level per ounce while silver dropped 70 cents to touch $29.55 per ounce.
Platinum and palladium declined between 1.4 and 1.9 percent with the former losing $22 at $1,480 and the latter slipping $11 to $625 the troy ounce.
Here's a headline you did not expect to run across very often, if at all: "India Dumping Gold and Moving to Bonds." That is not a typo; locals are selling their bullion and [...]
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2012 Queen Elizabeth II Diamond Jubilee Australian Gold Coin Nears Sell Out
2012-01-13 05:22:17
The Perth Mint of Australia on Thursday warned its customers that its 2012 Queen Elizabeth II ...
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The Perth Mint of Australia on Thursday warned its customers that its 2012 Queen Elizabeth II Diamond Jubilee Australian Gold Coin is nearing a sellout. From an already extremely limited mintage of 1,000, just 60 remain.
Released on January 3, 2012, the 99.99% fine proof gold coin honors the Queen's 60 years of reign, having ascended to the throne on February 6, 1952 with her coronation at the age of 27 as Queen Elizabeth II on June 2, 1953. The only other British monarch to celebrate a Diamond Jubilee was Queen Victoria in 1897, the Queen's great-great grandmother [...]
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Gold Rises For Third Day, Bullion Silver Eagles Best Since Jan. 2011
2012-01-13 02:38:57
Gold prices climbed for a third straight session Thursday as weakness in the U.S. dollar spurred ...
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Gold prices climbed for a third straight session Thursday as weakness in the U.S. dollar spurred buying. The yellow metal did achieve a four-week high earlier in the day but fell just below the level in later trading.
"The dollar appears to have peaked last week and people are buying gold as a hedge," MarketWatch quoted Mike Smith, president of T&K Futures and Options.
For a second straight day, gold prices rose by exactly $8.10 or 0.5%. The February gold futures contract on the Comex in New York closed at [...]
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Vicksburg National Military Park 5 Oz Silver Uncirculated Coin Launches
2012-01-13 00:45:26
The first 5-ounce coin to be released by the United States Mint in 2012 is the 2011-P Vicksburg ...
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The first 5-ounce coin to be released by the United States Mint in 2012 is the 2011-P Vicksburg National Military Park Five Ounce Silver Uncirculated Coin. It went on sale Thursday, January 12, 2012, at noon Eastern Time for $204.95.
As the fourth 2011-dated uncirculated coin and the ninth overall in the America the Beautiful Five Ounce Silver Uncirculated Coin™ series, the Vicksburg coin was delayed as the Mint only started releasing the 2010 and 2011-dated collector coins last year as production hurdles had to be overcome in producing the massive five ounce, 3.0 diameter pieces. [...]
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Mount Hood 5 Oz Silver Uncirculated Coin Sold Out
2012-01-12 20:38:15
The collectible Mount Hood National Forest Five Ounce Silver Uncirculated Coin for Oregon sold out ...
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The collectible Mount Hood National Forest Five Ounce Silver Uncirculated Coin for Oregon sold out Wednesday, January 11. The fifth .999 fine silver coin issued in the U.S. Mint's America the Beautiful Five Ounce Silver Uncirculated Coin series is now the fifth one to sell out.
The bulk of the mintage, 14,759, was sold within the first six days of its release and each went for $279.95. Those who waited long enough to make a purchase were fortunate to get one or more at cheaper prices [...]
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