Price Decrease for U.S. Mint’s Gold Coins, Gold Mercury Dime Sales Update

  The value of an ounce of gold has decreased by more than $52.30 an ounce in the last week, and today the U.S. Mint lowered prices on its gold collector coins. Gold’s current value is $1,220.60 per ounce, according to the London Bullion Market Association; this iswell below the minimum for the previouspricing bracket, […]

Gold Logs Fifth Session Loss; 2016 Silver Eagle Sales Top 22.8M

 Gold futures declined on Tuesday for a fifth straight session, and marked their lowest settlement in about six weeks as the U.S. dollar strengthened. Gold for June delivery fell $23.30, or 1.8%, to end at $1,229.20 an ounce on the Comex division of the New York Mercantile Exchange. The close was the weakest since April […]

LPPM – The London Platinum and Palladium Market – Ronan Manly

The platinum and palladium markets arguably receive more focus during the third week of May than at any other time of the year. This is due to a series of events hosted in London known as London Platinum Week. London Platinum Week, which also covers other platinum group metals such as palladium, is coordinated by […]

Investors Piling into Gold; Demand in Record Territory

  Gold demand hit near record levels in the first quarter of 2016. Despite the price rising nearly 17%, the demand for gold surged 21% in the opening quarter of the year. It was the second largest quarter on record, according to the World Gold Council. Gold demand hit 1,290 tons in Q1. Concerns about […]