7/15 Numismatic News

Gold and Silver Prices Inch Higher July 15, 2010 at 3:00 PM U.S. gold prices edged $1.30 higher Thursday as fresh economic worries and a weaker dollar helped spur the modest uptick. Other precious metals registered slight gains as well, with silver and palladium rising 0.4 percent and 0.3 percent, respectively. In both percent and dollars, platinum was the biggest winner with its $13.10, or 0.9 percent, increase. In other markets, crude oil futures fell for a second straight day and to below $77 a barrel while U.S. stocks rallied late in the afternoon to slash earlier losses. (...) Read the rest of Gold and Silver Prices Inch Higher (1,670 words) © CoinNews.net for Coin News, 2010. | Permalink | No comment | Want more on these topics? Browse the archive of posts filed under Bullion Articles and Precious Metal Reports, Business News.   US Mint 2010 Uncirculated Set on Sale July 15, 2010 at 11:07 AM The United States Mint today at noon ET issued the 2010 U.S. Mint Uncirculated Coin Set for $31.95. The 2010 Mint Set includes two folders of 14 satin finish, uncirculated coins. 2010 Mint Set includes 28 uncirculated coins The uncirculated set is traditionally the second most popular numismatic product released by the U.S. Mint each year (behind the annual clad proof set), with hundreds of thousands and sometimes even millions sold annually. (...) Read the rest of US Mint 2010 Uncirculated Set on Sale (600 words) © CoinNews.net for Coin News, 2010. | Permalink | No comment | Want more on these topics? Browse the archive of posts filed under Coin or Numismatic News, New Coin Releases, United States Mint News and Information.   US Mint Sales: 1/10 oz Gold Eagles at 300K, Silver Eagles Top 2008 Sales July 15, 2010 at 8:05 AM The United States Mint is not seeing a lot of action in numismatic coins as collectors take their traditional summer break from buying. U.S. Mint sales figures show that only four collector products experienced higher demand than the prior week –which was slow in itself, and those were related to older Presidential $1 offerings. Weekly sales eased for bullion coins as well, but their unit increases continue to be high despite the time of year. American Silver Eagles advanced a touch over 600K during the last seven days to reach 19.645 million for the year, passing the nearly 19.6 million sold in all of 2008. Mint authorized buyers need to order 9.2 million more in the next 5 1/2 months to topple record-breaking 2009. (...) Read the rest of US Mint Sales: 1/10 oz Gold Eagles at 300K, Silver Eagles Top 2008 Sales (1,014 words) © Mike Unser for Coin News, 2010. | Permalink | No comment | Want more on these topics? Browse the archive of posts filed under Coin or Numismatic News, Mint Sales Figures, United States Mint News and Information.   Gold, Silver, Metal Prices Commentary – July 15, 2010 July 15, 2010 at 7:51 AM Good Morning, Chinese economic growth slowed to record 'only' a 10.3% pace in Q2 (from a torrid 11.9% rate reported in the corresponding quarter of 2009) as the Beijing government's efforts to contain things from boiling over appeared to take hold. Meanwhile, inflation in the country rose by 2.9% last month, following a 3.1% reported growth rate for May. All of this possibly means that authorities may not need to apply the fiscal and monetary brakes quite as soon and/or as aggressively as first anticipated. In any case, analysts at Citigroup foresee single-digit growth rates for China in coming quarters, and for at least a period of one year. (...) Read the rest of Gold, Silver, Metal Prices Commentary – July 15, 2010 (924 words) © Jon Nadler, Kitco Metals Inc. for Coin News, 2010. | Permalink | No comment | Want more on these topics? Browse the archive of posts filed under Bullion Articles and Precious Metal Reports, Business News, Commentary.