In The Lead – How To Train Your (Inflation) Dragon
2012-01-12 20:18:02
Risk appetite was still manifest in the commodities and equity markets this morning on the heels of ...
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Risk appetite was still manifest in the commodities and equity markets this morning on the heels of better-than-anticipated Spanish bond sales and a decent reception for Italian bond offerings...
Gold prices opened with a gain of $11 at $1,654 the ounce in New York while silver advanced about 40 cents to the $30.35 level. Both metals are in the midst of an upward push which might carry them to the $1,700 and $32 areas respectively, before their downtrends resume. Much speculative chatter has been [...]
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Gold Prices Advance to 1-Month High, Silver Rises Modestly
2012-01-12 02:32:30
Gold prices advanced to a one-month high Wednesday on news of better-than-expected demand from China ...
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Gold prices advanced to a one-month high Wednesday on news of better-than-expected demand from China and despite a stronger U.S. dollar. Reports say China imported 102,799 kilograms of gold in November from 86,299 kilograms in October. The monthly amount was an all-time high.
Gold prices rose $8.10, or 0.5%, to $1,639.60 an ounce in the February futures contract on the Comex in New York.
Gold's settlement price was the highest since [...]
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US Mint Sets 2012 Product Prices for Collector Silver Eagles and Annual Sets
2012-01-12 01:24:40
The United States Mint on Wednesday officially set prices for the 2012 Proof Silver Eagle and major ...
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The United States Mint on Wednesday officially set prices for the 2012 Proof Silver Eagle and major annual sets after having revealed several other significant product changes on Friday, including reduced quarter product prices and new Presidential $1 coin products.
While a nice sampling of United States Mint products will see lower prices this year, the expected cost for the upcoming proof Silver Eagle is perhaps most disappointing. The Mint news statement said it will reduce the price on this year's proof Silver Eagle from $68.45 to $61.95. Last year's 2011 Proof Silver Eagle was indeed [...]
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Gold Gains $50 on Week, US Bullion Coins Robust in 2012 Start
2012-01-07 20:50:54
Gold dipped modestly Friday, breaking away from a four-session winning streak. But the yellow metal ...
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Gold dipped modestly Friday, breaking away from a four-session winning streak. But the yellow metal still advanced $50, or 3.2%, for the week, scoring its best weekly pick-up since early December.
"Gold came under pressure because people are a bit more comfortable with the recovery of the economy, but it is going to remain rangebound until we get some significant news to push it into either direction," Reuters quoted Fred Schoenstein, metals trader at Heraeus Precious Metals Management.
Gold prices edged down $3.30, or 0.2%, to $1,616.80 an ounce in the February futures contract on the Comex in New York [...]
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PCGS Opens Hong Kong Office
2012-01-07 00:57:54
In a major expansion of its international services and activities, the Professional Coin Grading ...
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In a major expansion of its international services and activities, the Professional Coin Grading Service (PCGS) division of Collectors Universe, Inc. (NASDAQ: CLCT) has established a Hong Kong-based authentication and grading operation.
The new Asia venture will be known as Collectors Universe (Hong Kong) Ltd.
In May 2010, PCGS successfully opened an office in Paris, France as part of the company's increasing international services, and since then PCGS-certified coins have repeatedly brought higher-than-estimated prices at public auctions in Europe [...]
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