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| Gold, Silver, Metal Prices Commentary – July 2, 2010 July 2, 2010 at 6:59 AM |
| Much Ado About Something Good Morning, Thursday's massive meltdown amounting to nearly 4 percent dragged gold to below $1,200 an ounce for a brief period. It was the worst decline the yellow metal experienced since early February and it ushered in a major technical breakdown on the charts. Gold however was not alone in being abandoned by some investors for the comfort of cash. Disappointing U.S. and Chinese economic indicators also engendered major sell-offs in crude oil, copper and certain equities. Not much was spared as the mood for risk appetite evaporated with a swiftness not seen since one early day in July just two years ago. The final tally for last night's closing markets in New York showed gold down $43.00 per ounce at $1199.40 bid side. A major 86 cent decline was seen in silver which fell to $17.76 per ounce. Platinum suffered a $33 loss to finish at the $1500.00 round figure and palladium fell $12 to end at $431.00 per ounce. (...) Read the rest of Gold, Silver, Metal Prices Commentary – July 2, 2010 (1,184 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.  | | |
| Franklin Pierce Presidential Dollar Coin Cover Issued July 2, 2010 at 6:03 AM |
| Franklin Pierce Presidential $1 Coin Covers were issued by the United States Mint Thursday, July 1, 2010.  The limited-edition product is the second released this year in the American Presidency $1 Coin Cover Series and the 14th since they began in 2007. Each is priced at $15.95, which is $1 more than prior year issues. A maximum of 32,000 will be produced, which is 8,000 less than pre-2010 covers. (...) Read the rest of Franklin Pierce Presidential Dollar Coin Cover Issued (548 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, Presidential Dollar, United States Mint News and Information.  | | | |  |
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