Silver Prices Soar to 30-Year High

Silver soared this week and closed at its best price in three decades. U.S. silver prices climbed with each succeeding day this week, with the highest intraday level coming in at above $21 an ounce on Friday. Prices reached an intraday low of below $20 an ounce just once, and that was on Monday. On […]

US Mint Sales: Silver Eagles Remain Slow, Silver Proof Sets Near 300K

Overall, United States Mint silver product sales backed off, but much of it had to do with the popular 2010 Silver Proof Set that was released last month. Sales always start out fast and then slow down for new issues. Two silver products were able to outperform previous gains, according to the latest round of […]

2010 Silver Eagle Coin Rationing Ends

The United States Mint stopped rationing bullion 2010 Silver Eagle coins on September 3, 2010. "Effective immediately, the United States Mint is lifting the allocation process for American Eagle one ounce silver bullion coins," the U.S. Mint told authorized buyers in a memorandum. "You may place your orders under the standard ordering procedures. The ordering […]

Silver Has First Weekly Decline in Three Weeks

U.S. Silver prices edged lower this week, breaking a string of two weekly gains and falling from a more than two year high above $20 an ounce. The metal started the week with near 50 cent daily swings, although closing prices were narrowed. Silver peaked on Wednesday when it touched $20.180 — the highest level […]

US Mint Sales: August 2010 Silver Bullion Coins Fall

Perhaps what has helped United States Mint’s silver coins is the increasing attention to silver which has been seeing huge price gains. Coin sets were wildly popular in the latest round of US Mint sales figures, and bullion coins continue to push onward — although August sales retreated from July levels and September is starting […]

2010 Proof Silver Eagles Remain Uncertain, Proof Gold Eagle Coins Coming

The United States Mint will be selling at least one of its staple proof products this year, the 2010 Proof American Gold Eagle. However, the status of the 2010 Proof American Silver Eagle is still uncertain, according to the latest eagle production news from the United States Mint. The U.S. Mint confirmed on Tuesday that […]

Silver Soars to $19.95, Hits Highest Price Since 2008

U.S. silver prices on Friday closed at their highest level since March 2008, capping two straight weeks of gains. The metal soared 4.8% this week in New York after surging 5.8% last week. Silver as "the poor man’s gold" easily outperformed the yellow metal. In fact, the gold to silver ratio is at the lowest […]

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