Commodity Trade Mantra

Posts Tagged ‘Bullion Coins’

Gold, Silver Bullion Coin Sales Robust Despite Sell Off

Despite recent bout of price weakness, American Eagle & American Buffalo gold coin sales from the US Mint have picked up significantly from last month. The latest coin sales figures from the U.S. Mint show a tentative pickup and robust retail bullion demand, with Sept sales stronger for both as well as for American Eagle silver 1oz coins.

Gold Recovers, Silver Eagle Bullion Coins Top 25 Million

Gold broke away from a losing streak Wednesday, closing higher for the first time in 4 sessions, but Silver declined for a fourth consecutive session. Sales of 2014 American Silver Eagles have topped 25 million for the year. The annual Silver Eagle sales had jumped above 42.6 million in 2013 & coin sales had hit 27,575,000 by July 16, 2013.

Gold Coin Sales Rise, Silver Coin Sales Could Hit Record High in 2014

The one ounce American Eagle silver bullion coin remains extremely popular with investors. Total coin sales during 2013 reached an all time high of 42,675,000. If the current sales pace continues, total sales of the silver bullion coin during 2014 could reach a record breaking 55 million ounces.

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