Tag: bullion

Daily Bullion Market Update 7/11/11

Daily Bullion Market Update 7/11/11

GOLD Gold continues to rally today based on continued safe haven buying concerns. The debt problems of Greece, Italy, and Portugal are back, while our debt ceiling dilemma in the U.S. is the focus of the news media. At 11am PDT gold is trading at $1,548.10, up $5.80 per ounce in active trading. Gold reached […]

By July 11, 2011 0 Comments Read More →
Daily Bullion Market Update 7/07/11

Daily Bullion Market Update 7/07/11

GOLD Up, Up, and Away… the Gold rally continues with gold trading at $1,532.10, up another $3.40 an ounce at 11am PDT. It’s becoming more and more clear that the primary issue driving gold prices both up and down is DEBT. Whether it is Euro Debt, Japanese Debt, or lifting the U.S. Debt ceiling, both […]

Daily Bullion Market Update 7/06/11

Daily Bullion Market Update 7/06/11

GOLD Gold was up another $20.10 per ounce today, trading at $1,528.70 at 11am PDT, on negative Eurozone news. Moody’s gave the markets a painful reminder late yesterday that the debt crisis in the peripheral Eurozone countries is far from over. Moody’s lowered Portugal’s credit rating four notches (to Ba2) and further unsettled investors when […]

Daily Market Update 7/05/11

Daily Market Update 7/05/11

GOLD Gold is up $23.40 today, trading at $1,510.60 an ounce at 11am PDT. Gold rallied on light trading in Asia, the Middle East, and London, as bargain buying with gold under $1,500 stimulated investors and jewelry manufactures to add to their gold holdings. The rally continued in the U.S., breaking above the important $1,500 […]

Daily Bullion Market Update 7/1/11

Daily Bullion Market Update 7/1/11

By Barry Stuppler – MintStateGold.com GOLD Gold is trading at $1,487.20 at 11am PDT, down $19.40 per ounce. With no clear reason for the selloff, this morning I called some friends who trade precious metals at the New York & Chicago Commodity Markets to ask why gold and silver prices are down today. Here is […]

Upward Pressure on Prices for High-End Rare Coins is Building

Upward Pressure on Prices for High-End Rare Coins is Building

By Mark Ferguson for CoinWeek – MFrarecoins.com The rare coin market has been building strength since the immediate shock wore off from the financial meltdown that occurred during the fall of 2008. But this took a year to get started. Buyers, in general, finally began feeling comfortable spending money on rare coins during the fall […]

Daily Bullion Market Update 6/29/11

Daily Bullion Market Update 6/29/11

By Barry Stuppler – MintStateGold.com GOLD Gold rallied in Asia as news from Greece indicated that the parliament was going to pass the austerity plan. Finally, in the face of a nationwide 48-hour strike and violent clashes in the Greek capital of Athens, the Greek parliament has voted in favor of a drastic $40.3 Billion […]

Daily Bullion Market Update 6/28/11

Daily Bullion Market Update 6/28/11

By Barry Stuppler – MintStateGold.com GOLD Gold is trading at $1,501.40 at 11am PDT, up $3.20 per ounce as the current correction ends and the market starts to build a new trading range and base. The middle class is emerging in China, with over one million new Chinese millionaires in the past two years.  China’s […]

Daily Bullion Market Update 6/27/11

Daily Bullion Market Update 6/27/11

By Barry Stuppler – MintStateGold.com GOLD Gold was down $38.20 last week, closing at $1,500.90 per ounce. Gold dropped $52.50 on Thursday and Friday after Fed Chairman Ben Bernanke gave no hint of the next round of quantitative easing at his news conference, and the release of 60 Million Barrels of Oil from the International […]

Daily Bullion Market Update 6/24/11

Daily Bullion Market Update 6/24/11

By Barry Stuppler – MintStateGold.com GOLD Very active trading in the Gold pits yesterday and today. A spark rally in the U.S. dollar (versus the Euro) and a sizeable correction in the world’s crude oil price have put precious metals on the defensive. This morning, gold tested long term support, breaking the $1,500 mark then […]

Daily Bullion Market Update 6/23/11

Daily Bullion Market Update 6/23/11

By Barry Stuppler – MintStateGold.com GOLD At 11am PDT Gold is trading at $1,523.80, down $29.80 per ounce (1.9%) in very active trading. After seven up-days in a row for Gold and Silver, with Silver increasing over $2 an ounce and Gold up $38, it took a Fed Chairman Ben Bernanke news conference and a […]

Daily Bullion Market Update 6/22/11

Daily Bullion Market Update 6/22/11

By Barry Stuppler – MintStateGold.com GOLD Gold continues to move higher on weak economic news and world events. At 11am PDT, Gold is at $1,553.60, up $8.30 an ounce in active trading. We anticipate a market reaction after Fed Chairman Bernanke’s news conference later today. The Federal Reserve Open Market Committee (FOMC) stated earlier today […]

Daily Bullion Market Update 6/21/11

Daily Bullion Market Update 6/21/11

By Barry Stuppler – MintStateGold.com GOLD Both Gold and Silver continue their bullish rally for the fourth day in a row, approaching the high end of the trading range. We could easily be off and running when Gold breaks above $1,577 (the May high). At 11pm PDT gold was up $4.20, trading at $1,545.30 per […]

Daily Bullion Market Update 6/20/11

Daily Bullion Market Update 6/20/11

By Barry Stuppler – MintStateGold.com GOLD With the Euro Group finance ministers postponing a decision on another Greek rescue package until mid-July, gold is still acting as the safe haven for capital. At 11am PDT, Gold is trading at $1,541.10 an ounce, surprisingly up $3.10 on a stronger U.S. Dollar (versus the Euro) and lower […]

Daily Bullion Market Update 6/17/11

Daily Bullion Market Update 6/17/11

By Barry Stuppler – MintStateGold.com GOLD Active trading today in gold for a Friday, with the Greek debt issue and the U.S. dollar’s weakness being the drivers of the market. At 11am PDT Gold was up $8.80 at $1,538.10 per ounce. It appears as if the Eurozone has come up with a temporary fix to […]

Daily Bullion Market Update 6/16/11

Daily Bullion Market Update 6/16/11

By Barry Stuppler – MintStateGold.com GOLD Today’s domestic and oversees gold trading was within a narrow range from $1,520 to $1,534 watching developments in Greece (See Greek austerity program below) and other PIIGS country debt trading. At 11am PDT gold was trading at 1,529.30, up $3.30 an ounce from yesterday. New Greek austerity measures Hiking […]

By June 16, 2011 1 Comments Read More →
Daily Bullion Market Update 6/15/11

Daily Bullion Market Update 6/15/11

By Barry Stuppler – MintStateGold.com GOLD Gold rallied today on Greek debt concerns and in the face of a sharp increase in the U.S. Dollar (versus the Euro) and a $5 drop in Crude Oil. Gold is proving to be the ultimate safe haven in time of crisis.  At 11am PDT gold was trading at […]

By June 15, 2011 0 Comments Read More →
Daily Bullion Market Update 6/14/11

Daily Bullion Market Update 6/14/11

By Barry Stuppler – MintStateGold.com GOLD As of 11am PDT today, Gold was trading at $1,522.80, up $4.40 an ounce on active trading. Gold reached $1,511 in Asian trading this morning before demand drove the price higher. Surprisingly the Gold market shook off this morning’s negative Chinese economic news and central bank tightening. Gold appears […]

Daily Market Update 6/13/11

Daily Market Update 6/13/11

By Barry Stuppler – MintStateGold.com GOLD As of 11am PDT, the spot price of Gold is $1,518.40, down $15.60 from yesterday’s quote. Gold fell today due to a stronger U.S. dollar value (versus the Euro) and a 2.5% drop in the price of Crude Oil. The dollar rallied today after Standard & Poor’s announced they […]

Gold And Silver Prices Clobbered Repeatedly, Hit Bottom, Start To Recover!

Gold And Silver Prices Clobbered Repeatedly, Hit Bottom, Start To Recover!

By Patrick A Heller – Liberty Coin Service Beware June 30–The End Of QE2! US Government Takes Two More Steps Toward Nationalization Of Private Retirement Account Assets! In aftermarket trading on April 29, the price of gold reached around $1,570 and silver climbed to about $49.50. With building momentum, it looked like gold had a […]

DGSE Announces the Grand Opening of its First Two DGSE Bullion Express Locations

DGSE Announces the Grand Opening of its First Two DGSE Bullion Express Locations

DGSE Companies, Inc. (NYSE Amex: DGSE), which buys and sells jewelry, fine watches, diamonds, rare coins and precious metals products via traditional and internet channels announces the successful launch of its DGSE Bullion Express Stores with the recent opening of its first two locations in Woodland Hills, California and Dallas, Texas. DGSE Bullion Express will […]

By June 10, 2011 0 Comments Read More →
Daily Bullion Market Update 6/09/11

Daily Bullion Market Update 6/09/11

By Barry Stuppler – MintStateGold.com GOLD Gold increased in value today by $6.20, closing at $1,542.30 on average volume. Some U.S. economic data was released today (See Below) that showed a slowing of the U.S. economy. The dollar rallied and crude oil is up slightly today. The term for gold trading this week is ‘range […]

Daily Bullion Market Update 5/26/11

Daily Bullion Market Update 5/26/11

GOLD Gold closed at $1,522.90, down $5.70 an ounce on average trading volume.  The Gold market is taking direction from the Greek debt crisis.  As the situation appears to be heading to a Greek debt default — gold and the dollar rally. When information comes out about a possible resolution to the problem — gold […]

Daily Precious Metals Market Update 5/25/11

Daily Precious Metals Market Update 5/25/11

GOLD Gold closed at $1,528.80, up $5.20 for the day on active trading. Gold rose for a fourth straight session (the longest rally in three weeks) as Europe’s debt crisis increased investor demand for the precious metal as a protection of wealth. This rally is amazing in light of the strong U.S. Dollar versus the […]

Daily Bullion Market Update 5/24/11

Daily Bullion Market Update 5/24/11

By Barry Stuppler – MintStateGold.com GOLD Gold has broken through its resistance level today, closing at $1,523.60, up $7.80 an ounce on excellent volume. It was confirmed today that China has overtaken India as the world’s largest purchaser of gold at 90.9 million tons in gold bars and coins for the first quarter of 2011. […]

Mint State Gold Daily Market Update 5/23/11

Mint State Gold Daily Market Update 5/23/11

By Barry Stuppler – MintStateGold.com GOLD Gold, closed at $1,515.80 an ounce, surprisingly up $.90 in the face of a strong U.S. dollar, on active trading. The latest Greek debt problem has caused a strong dollar versus the Euro. This means that the Gold price is near an all-time high valued in Euros, while its […]

Mint State Gold Daily Market Update 5/20/11

Mint State Gold Daily Market Update 5/20/11

GOLD Gold rallied sharply today, closing at $1,514.90, up $20.20 an ounce on high volume for a Friday. I can think of at least 20 reasons you need to build up your gold holding right now, but the #1 reason is that the World Governments Central banks are dumping U.S. Dollars and Securities and aggressively […]

A Gold Coin Treasure in San Pedro Bay? – or – Just Another Tale of Wells Fargo?

A Gold Coin Treasure in San Pedro Bay? – or – Just Another Tale of Wells Fargo?

by Walt Ostromecki, NLG – The California Numismatist Forward According to early Southern California lore and legend, there lies a fortune in gold ore, bars and coins still buried deep in the cold murky mud on the ocean bottom of the San Pedro Bay. Much of that gold ore came from the booming mines located […]

Have Gold And Silver Reached A Peak?

Have Gold And Silver Reached A Peak?

In an overall boom market for gold and silver, there will be periodic bouts of profit-taking, where prices dip for a short-time. Also, as I have explained multiple times before, the US government, its trading partners, and its allies, have a huge incentive to suppress gold and silver prices. Those interested in precious metals need […]

Is There a Price Relationship Between Gold Bullion and Rare Gold Coins?

Is There a Price Relationship Between Gold Bullion and Rare Gold Coins?

News and Analysis of scarce coins, coin markets, and the coin collecting community #50 A Weekly Column by Greg Reynolds I have been asked why markets in rare or very scarce U.S. gold coins have not dramatically increased as the value of gold bullion (the price of the metal itself) has soared over the past […]

 
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