Finance

Gold Falls as U.S. Dollar Rises Ending Gold’s Rally

October 7, 2010
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On Thursday the gold prices went down as the U.S Dollar gains strength. The U.S payroll reports are coming out on Friday and they are expected to come out better then the month before. This will deliver support to the fairly weak dollar, at least for a short term. In regards to gold this...
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Posted in Business, Finance, Money | 9 Comments »

American Eagle Gold Proof Coins Available at United States Mint

October 7, 2010
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As the United States Mint announced on September 16, the 2010 American Eagle Gold Proof Coins are avalable today at noon Eastern Time (EST).  The following coins are available: PRODUCT CODE PRODUCT PRODUCT LIMIT MINTAGE LIMIT PG1 One-Ounce Coin 25,000 64,000 PG2 Half-Ounce Coin 15,000 54,000 PG3 Quarter-Ounce Coin 16,000 55,000 PG4 Tenth-Ounce Coin...
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Posted in Finance | 193 Comments »

Gold Coin Sales are up Again: Gold Eagle Bullion Coin Sales Rebound

October 6, 2010
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In September 2010 the sales of bullion coins are up again. During September 88,000 ounces have been sold by the United States Mint to direct buyers. Counted were one ounce Gold Eagle as well as the three fractional 1/2 ounce, 1/4 ounce, and 1/10 ounce sizes. The summer month usually show a slowed buying...
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Posted in Finance | 11 Comments »

Gold Prices Went Further up on Weak Dollar

October 6, 2010
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Gold Prices Went Further up on Weak Dollar

As reported by the street, spot prices for Gold went further up on Wednesday while the U.S. dollar showed weakness. If the dollar further softens, Gold tends to go up more. As kitco.com states it: “Comex gold prices on Wednesday ended modestly higher and hit another new all-time record high of $1,351.00 an ounce...
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Posted in Business, Finance, Markets | 12 Comments »