Commodity Trade Mantra

Posts Tagged ‘American Eagle Silver Bullion’

2016 American Eagle Gold Bullion sales highest since 2011

The US Mint finished off 2016 American Eagle gold bullion coin sales with its slowest month of the year, but that didn’t prevent the year-end total from being the highest since 2011. The final 2016 tally from the Mint reports sales of 37,701,500 ounces of American Eagle silver bullion coins, which is down sharply from record-setting 2015 sales that finished at an even 47,000,000 ounces.

Silver Predictions 2016: Watch China and the Gold Price

Thomson Reuters GFMS is predicting an average silver price of $16.80 for 2016. In terms of price catalysts that investors should watch, China has had a major impact on physical silver demand in 2015. Anything that affects the gold price, obviously silver takes its cue. Right now, of course, most gold bugs have their eye on the upcoming US Federal Reserve meeting.

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