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 have ramped up in April after a lackluster March.
As of April 19, 2016, the U.S. Mint has reported selling 63,000 one ounce American Gold Eagle Coins up from 29,000 sold in March and up from 23,500 sold in April 2016.
The U.S. Mint also sold 4,000 one half ounce, 8,000 quarter ounce and 30,000 one tenth ounce American Gold Eagle coins for a total of 70,000 ounces of American Gold Eagle coins sold as of April 19, 2016. In March, the U.S Mint sold a total of 38,000 ounces of American Gold Eagle coins. In April 2015, the U.S. Mint sold 29,500 ounces of American Gold Eagle coins.
Year to date, the U.S. Mint has sold 248,500 one ounce American Gold Eagle coins and a total of 692,500 American Gold Eagle coins of all denominations for a total of 315,500 ounces of gold sold in the form of American Gold Eagles.
American Gold Eagle Premiums
American Gold Eagle premiums rose in December 2015 when the U.S. Mint halted production early in the month for the year.
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
BGASC.com
Golden Eagle Coins
JM Bullion
Money Metals Exchange
American Gold Buffalo Sales
The U.S. Mint reported selling 14,000 one ounce 24K American Gold Buffalo coins as of April 19, 2016. This is double the amount sold in March 2016 and 4,000 more than was sold in April 2015.
Year to date the U.S. Mint has sold 74,000 American Gold Buffalo coins.
You can compare American Gold Buffalo coins for sale at these websites:
BGASC.com
Golden Eagle Coins
JM Bullion
Money Metals Exchange
Silver To Gold Sales Ratio as of April 19, 2016
Sales of silver have been proportionally far higher than sales of gold coins at the U.S. Mint in recent years. That trend continues in 2016.
Through April 19, 2016
Sales of one ounce American Silver Eagles to sales of one ounce American Gold Eagles – (17,775,000 ounces vs. 248,500 ounces) – 71.53:1
Sales of one ounce American Silver Eagles to sales of all American Gold Eagles including one, 1/2, 1/4 and 1/10 ounce coins) – (17,775,000 ounces vs. 315,500 ounces) – 56.34:1
Sales of one ounce American Silver Eagles to sales of all American Gold Eagles and American Gold Buffalo coins (17,775,000 ounces vs. 389,500 ounces) – 45.64:1
Gold Silver Ratio
Gold was the best performing asset of the first quarter rising over 15%. Silver was the second best performer with rising over 10%. In April, silver has tacked on further gains, while gold has stabilized. As a result silver is now the best performing asset of 2016, and the gold silver ratio has fallen from an all time high of over 80 to 1 to about 75 to 1.
Silver’s gains in April have lowered the gold silver ratio below 75:1.
Click here to see mid April 2016 U.S. Mint silver sales report
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