Category: Gold News
Perth Mint Gold Sales Jump 36% In October
October 2016 Sales of Gold at the Perth Mint Hop to Highest Level Since 2013. The Perth Mint sold 79,048 ounces of gold in October 2016. This was up 36% […]
American Gold Buffalo Sales Spike 171% in October
The U.S. Mint Sold 28,500 American Gold Buffalo Coins in October. October sales of American Gold Buffalo coins hit their highest monthly total since January. The U.S. Mint reported selling […]
Gold Dealer Donates American Gold Eagle Coins To Supreme Court Justice Ginsburg as she Prepares to Flee the USA due to Trump’s Election
BGASC, a leading precious metals dealer, has shipped ten 1/10 2016 American Gold Eagle Coins to Supreme Court Justice Ruth Bader Ginsburg to ease her exit from the United States […]
Chinese Gold Reserves Grow 4 Tons in October
Chinese Central Bank Reports Gold Reserves Increased to 1,843 tons in October Chinese Gold Reserves The People’s Bank of China (PBOC) reported that it added four tons of gold to […]
American Gold Eagle Sales up 287% in October
Sales of American Gold Eagle Coins up Nearly 300% in October. Through October 2016, American Gold Eagle Sales Have Already Surpassed Last Year’s Total. Sales of one ounce American Gold […]
Pandamonium! 2017 Chinese Silver and Gold Panda Available To Order
Popular 2017 Chinese Gold and Silver Panda Coins Now Available to Order Every year, the Chinese mint releases gold and silver coins featuring the iconic Giant Panda Bear. The Giant […]
September Indian Gold Imports Spike 63%
Indian Gold Imports Year to Date Down 52% through September. Indian imports jumped as it headed into its traditional fall gold-buying season. Gold imports in September rose 63% in September […]
The 2017 Australian Gold Kangaroo Now Available!
Popular .9999 Pure Gold Coin Released With New Kangaroo Image The 2017 1 oz Gold Australian Kangaroo is now available from the Perth Mint. The Perth Mint describes the Gold […]
The Gold Price in Countries With Political Turmoil
Gold Can Protect Holders From Political Crisis The price of gold may be influenced by many factors including inflation, reckless monetary and/or fiscal policies, supply shortages or war. These factors […]
Russian and Chinese Central Banks Load Up On Gold
Central Banks of China and Russia Represent Over 80% of Central Bank Gold Buying. The Russian Central Bank announced this week that its gold reserves had reached 49.6 million troy […]
Gold Sales at the United States Mint Accelerate In October
Investors and Collectors Buy The Dip in Gold and Drive American Gold Eagle and Gold Buffalo Sales Higher. After a 58% increase in sales of one ounce American Gold Eagle […]
How Much Gold Does the United States Have?
United States Gold Reserves Are The Largest in The World U.S. Gold Reserves The United State lists its gold reserves at 8,133.50 tons. This number has not changed since 1971. […]
Chinese Gold Reserves Increase by Five Tons In September
Chinese Central Bank Reports Gold Reserves Increased to 1,839 tons in September Chinese Gold Reserves The People’s Bank of China (PBOC) reported that it added five tons of gold to […]
Perth Mint Gold Sales Soar In September
September 2016 Sales of Gold at the Perth Mint Spike From Summer Lows. The Perth Mint sold 58,811 ounces of gold in September 2016. This was up 300% from the […]
American Gold Buffalo Sales Spike 94% in September
The U.S. Mint Sold 17,500 American Gold Buffalo Coins in September. Sales of American Gold Buffalo coins continued at a brisk pace in September. The U.S. Mint reported selling 17,500 […]
American Gold Eagle Sales up 58% in September
Sales of American Gold Eagle Coins Rise in September. Through September 2016, American Gold Eagle Sales Are Up 9% Over Same Time Period Last Year. After a 378% increase in […]
Where Does Gold Come From?
A good portion of global gold is mined in China and Russia. In recent years, annual global gold mining production has supplied about 66% of current gold demand each year. […]
Recycling Precious Metals
The Role of Recycling in Creating Supply Part of gold and silver demand is met by recycling existing metal. Because gold is about 70 times more expensive than silver, more […]
Russia Adds Nearly Twenty-Two Tons of Gold To Reserves
Even as Russia Struggles With Budgetary Issues, it Adds Gold to Reserves. The Russian Central Bank announced this week that its gold reserves had reached 49.1 million troy ounces (approximately […]