U.S. Mint American eagle gold coin sales surge, silver at record

Section:

From Reuters
Monday, November 30, 2015

The U.S. Mint's sales of American Eagle coins surged in November, with gold nearly tripling month over month and silver already reaching a new annual record as bullion prices fell to multi-year lows, data released today showed.

The mint sold 97,000 ounces of American Eagle gold coins in November, up 185 percent from October and 62 percent higher from a year ago, after selling out of most of the 2015-dated coins as falling bullion prices attracted buyers.

Strong demand came as spot gold prices fell around 7 percent to the lowest in nearly six years. This was the gold market's biggest monthly drop in 2 1/2 years as traders and investors widely anticipated that the U.S. Federal Reserve will raise interest rates at its next meeting in mid-December. ...

... For the remainder of the report:

http://www.reuters.com/article/2015/11/30/us-usmint-coins-idUSKBN0TJ2SY2...



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