U.S. Mint Rations One Million American Silver Eagles a Month To Authorized Purchasers To Avoid News of Shortage. News of a shortgage could create panic buying demand that can’t be met. Earlier this week, Rory Hall of the Daily Coin and I held our bi-monthly precious metals update call. We were breifly sidetracked by current … Read More →
The People’s Bank of China Added No Gold to Reserves in May. Total reported People’s Bank of China gold reserves stand at 1,808.343 tonnes. PBOC foreign reserves fell from $3.22 trillion in April to $3.19 trillion in May. For the eleventh month in a row, The People’s Bank of China gold reserves were updated. The … Read More →
Sales of American Gold Buffalo Coins Shoot Higher. U.S. Mint Sells 18,500 24K one ounce gold coins in May. The U.S. Mint sold 18,500 one ounce American Gold Buffalo coins in May, up 95% from 9,500 sold in May 2015. Sales of American Gold Buffalo coins were down 5% from 19,500 sold in April 2016. … Read More →
The Central Bank of Russia added 189 tons of gold to her reserves from August 2015 to April 2016. Russia has added 58 more tons of gold to its reserves than China from August 2015 through April 2016. Russia is now the sixth largest gold holding nation in the world behind 5th place China Rory … Read More →
Gold Sales at the Perth Mint in May 2016 The Perth Mint sold 21,035 ounces of gold in May 2016 down 3% year over year from 21,671 ounces sold in May 2015. Gold sales at the Perth Mint in May 2016 were down 55.8% from April 2016 sales of 47,542 ounces. Perth Mint vs. U.S. … Read More →
U.S. Mint May 2016 American Gold Eagle Sales Report. The U.S Mint sold 64,500 one ounce American Gold Eagle Coins in May, up 378% from May 2015. Total ounces of gold attributable to all American Gold Eagle Coins including 1/10, 1/4/ 1/2 and one once coins were 76,500. May silver to gold sales ratio at … Read More →
Top Three Sovereign Mints, The U.S., Canadian and Perth Mint report collective first quarter 2016 gold sales up 54% U.S. Mint gold sales rose 97% in the first quarter. The U.S., Canadian and Perth Mints sold over 650,000 ounces of gold in the first quarter. First Quarter 2016 Gold Sales The Royal Canadian Mint released … Read More →
The Royal Canadian Mint Sold 212,600 Ounces of Gold in the First Quarter of 2016. First quarter 2016 Canadian Mint gold sales rose 18.7% year over year in Q1 2016 from 179,100 ounces sold in the same quarter in 2015. First quarter 2016 gold sales put the Royal Canadian Mint on Track to sell One … Read More →
Russian Gold Reserves April 2016 . The Central Bank of the Russian Federation added 500,000 ounces (15.55 tonnes) of gold to its reserves in April. Russia adding gold to reserves at a faster pace than China Russia now has 1,477 tonnes of gold in reserve; the sixth most of any nation. Russian Gold Reserves After … Read More →