U.S. Mint Releases 24K 1/10 ounce Gold Dime To Commemorate the 100th Anniversary of the Mercury Dime. New Limited Edition Gold Coin Replicates All Features of the Mercury Dime. On April 14, 2016, the U.S. Mint announced that a new gold coin, the one tenth ounce 2016 Mercury Dime Centennial Gold Coin, would be released … Read More →
Gold Exploration in Space. There’s Gold in Astroids. … and Maybe On Mars. There is gold beyond the troposphere. There is gold beyond the stratosphere. There is gold beyond the mesosphere. There is gold in outerspace. Gold is in asteroids and ambitious companies want to mine it and bring it back to earth. In search … Read More →
Shipwreck Silver and Gold. There is plenty of gold and silver at the bottom of the ocean. Is it cost effective to retrieve it? Update: 500 year-old shipwreck loaded with gold found in Namibian desert Throughout history, until the mid 20th century virtually all trans-Atlantic treasure was transported via sea vessels. Ships carrying gold and … Read More →
China Shakes Up Gold World with Remnimbi Denominated Gold Fix. Shanghai Now Shares Power Over Gold Price With London and New York. Earlier this week, China launched the Shanghai Gold Benchmark (SGB) that provides a gold price fix denominated in Chinese Remnimbi or Yuan. The new SGB provides an alternative or competition to the New … Read More →
Russian Gold Reserves March 2016 . The Central Bank of the Russian Federation added 500,000 ounces (15.55 tonnes) of gold to its reserves in March. Russia adding gold to reserves at a faster pace than China Russia now has 1,462 tonnes of gold in reserve; the sixth most of any nation. Russian Gold Reserves After … Read More →
U.S. Mint Mid April 2016 Gold Sales Report. One ounce American Gold Eagle Coin sales at 63,000 so far in April, more than twice as many as sold in March. Sales of American Gold Buffalo Coins also double from March sales. U.S. Mint Gold Sales American Gold Eagle Sales Sales of American Gold Eagle coins … Read More →
Indian Gold Imports Under Pressure From Duties, Taxes and Government Intervention Last year we released a survey of India and Gold that covered supply and demand in that country and India’s historical affinity for gold. Indians love gold but their government hates that they love it. India’s War on Gold Indian gold imports are significant. … Read More →
Deutsche Bank Gold Manipulation. German Bank Settles Gold Price Manipulation Case – Will Cooperate Against Four Other Banks Named in Suit. Settlement comes one day after Deutsche Bank settles silver price manipulation case. London Gold Fixing Case Settled as Yuan Based Gold Fix Set To Commence. Update October 5, 2016: Banks must face U.S. gold … Read More →
2015 Austrian Mint Gold Sales Rose 215% From 2014. Negative interest rates in Europe drove gold sales higher at the Austrian Mint. The Austrian Mint sold a record 1.32 million ounces of gold in 2015. Indeed, as we reported last year, the Austrian Mint had already broken their old gold sales record by the end … Read More →