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UPDATE 1-U.S. Mint gold, silver coin sales rise year-on-year
* U.S. Mint gold coin sales up 10 pct year-on-year * Mint reports best Feb silver coin sales in at least 25 yrs * Gold, silver coin sales dip from January's stellar levels (Adds background, comment) ... Continue reading
Posted in Silver Buillion
Tagged gold coin, pct-year-on-year, reports-best, sales-dip, silver bullion, silver investing, silver-coin, stellar-levels
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Silver and the New Decade
The decade from 2000 to 2010 is now forever behind us. So what is in store for the new decade? 2010 to 2020? The last decade was a good time to prepare and recognize that severe chaos was on the way. And that chaos is like a boiler slowly building up pressure. Continue reading
Posted in Silver Buillion
Tagged good-time, last-decade, now-forever, severe-chaos, silver bullion, silver coins, silver investing, slowly-building, the-new
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Silver "Disconnected from Gold" as Middle East Turmoil Hits Equities, Oil Rises Again
THE PRICE OF GOLD and physical silver whipped sharply in London trade on Tuesday, falling hard only to rally as New Zealand's second-biggest city Christchurch was struck by an earthquake and Libyan dictator Colonel Gaddafi's defiant appearance on state TV led to accusations of "genocide" and "the government killing its people" by his own diplomats in the Unitd States. Continue reading
Gold "Could Easily Break $1500" as Silver Hits New 31-Year Highs
THE PRICE OF GOLD slipped from new 5-week highs in lunchtime London trade Friday, easing back from $1388 per ounce as silver edged down from its highest level in 31 years. Continue reading
Posted in Silver Buillion
Tagged friday, its-highest, london, new-5-week, ounce-as-silver, price, silver bullion
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Surging Metal Demand a ‘Global Phenomenon’
Gold bounced off support seen at the 150-day moving average and is now above the 100-day moving average. It is 3.5% below the nominal record high of $1,423.75/oz seen in early December. Continue reading
Silver coins hit all time high at Rs 54,000 on heavy demand
New Delhi, Feb 15 (PTI) Silver coins sky rocketed by Rs 3,600 to hit an all time high level of Rs 54,000 for 100 pieces on the bullion market today on heavy demand, driven by ongoing marriage season. Gold also rose by Rs 80 to Rs 20,570 per 10 grams in tandem with a firming trend in Asian trade.Silver coins shot up by a whopping Rs 3,600 to Rs 54,000 for buying and Rs 54,100 for selling of 100 ... Continue reading
Posted in Silver Buillion
Tagged 570-per, asian, coins-sky, delhi, firming-trend, silver bullion, silver coins, the-bullion, today-on-heavy
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Gold prices down by Rs 100/10 gm
Both the precious metals, gold and silver, drifted at the bullion market today on reduced offtake by stockists at existing higher levels, amid a weakening global trend. Continue reading