Silver Coin Melt Values at Fresh Highs

Silver coin melt values registered fresh highs last week, displacing the previous peaks reported just three weeks ago. The gains came as a result of record silver prices, with London silver reaching $17.80 an ounce on Thursday. Despite a 17 cent retreat on Friday to $17.63 an ounce, the metal is sporting an incredible gain […]

Silver Prices Soar in NY and London

Despite ending lower on Friday, silver prices blasted off this week with London silver surging 8.8 percent and New York silver soaring 9 percent. To the numbers… New York silver futures for December delivery closed Friday at $17.69 an ounce, jumping $1.46 from last Friday’s close of $16.23. London silver roared ahead $1.42 on the […]

US Mint Silver Coin Sales: 2009 Silver Proof Sets Jump

Sales of US Mint Silver Coins improved, rising from the prior week’s data that showed collector demand retreated slightly. The biggest gainer was the 18-coin 2009 Silver Proof Set, which popped up another 14,352 to register year-to-date sales of 521,060. The previous weekly increase was about 1/3 lower at 9,432 (although enough to push the […]

Silver Eagle Coins Near 21 Million in Sales, Hit All-Time Record

Demand has never been stronger for bullion American Silver Eagle Coins. Despite a trepid retreat in sales last month — the worst monthly figures of 2009, it still registered as the second best September ever for the coins. Moreover, the eagles hit an all time annual record high with still three months left in the […]

Silver Prices Recover Slight Portion of Prior Week Losses

Silver enjoyed weekly gains, albeit slight, following last week’s trouncing when the metal lost more than 5%, breaking a four-week winning streak and falling from 2009 highs. New York silver futures for December delivery closed Friday at $16.23 an ounce, rising 17 cents, or 1.1% for the week. London silver, which is set earlier on […]

Silver Proof Sets Pass 500K in Sales, Silver Eagle Coins Top 20M

Collector demand for silver coins and sets pulled back slightly but investor demand for bullion American Silver Eagle Coins has surged, according to the latest round of US Mint sales figures.

Silver Prices Tumble 5.3% in London, 5.9% in NY

The week was filled with a series of dark days for precious metals. Silver was the most depressed as prices tripped and then stumbled away from 2009 highs and a four-week winning streak. The metal retreated 5.9% in New York and 5.3% in London. New York silver futures for December delivery closed Friday at $16.06 […]

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