Measuring Declines from the High- Gold, Silver, Platinum, Palladium
For the past few weeks, precious metals have undergone significant, rapid declines. This follows a year of banner performance during 2009. I wanted to take a post to briefly examine the extent of the declines for gold, silver, platinum, and palladium.
Roughly two months ago, gold had reached a new all time high and silver had [...]
2009 Precious Metals Performance: Gold, Silver, Platinum, Palladium
Precious metals delivered a strong performance during 2009 with strong returns across the major categories of gold, silver, platinum, and palladium. Although gold seemed to dominate the attention of the mainstream press, the annual performance figures reveal that it was outperformed by other precious metals.
The table below displays the last price of 2008 from Kitco’s [...]
Fractional Gold Eagles Make Brief Appearance
During December, the United States Mint briefly offered 2009 American Gold Eagle bullion coins in fractional weights. This included one-half ounce coins, one-quarter ounce coins, and one-tenth ounce coins.
This was the first time that the US Mint had offered anything other one ounce gold bullion coins for more than a year. Back in October 2008, [...]
US Mint Gold and Silver Bullion Sales July 2009
During the month of July, sales of physical bullion at the United States Mint were somewhat split. In the case of silver, sales as measured by the number of ounces sold reached the second highest level of the year. In the case of gold, sales as measured in ounces marked the second lowest total for [...]
Gold and Silver Eagle Bullion Sales June 2009
The US Mint’s sales of gold and silver bullion coins during June 2009 showed increases from both the prior month and year ago levels. The increases came amidst two interesting developments for the US Mint’s bullion coin programs.
In the middle of the month, the US Mint announced that their long standing rationing programs would be [...]
