Gold News

Gold Coins Sales Down in H1 2012

SALES of Gold Coins by the US Mint were down in the first six months of 2012 compared to the same period last year, official data show.

US Mint sales figures show that 343,500 ounces of American Eagle Gold Bullion coins were sold in the first half of the year – 40% fewer than were sold in H1 2011. The first of this year saw the lowest H1 Gold Coins sales by the US Mint since the first six months of 2008, when fewer than 200,000 ounces were sold.

Gold Coins sales for June however were up 13% on the previous month - the first time in three years that June sales have beaten May's.

Sales of Silver Bullion coins were also down year on year. The US Mint sold just less than 17.4 million ounces of American Eagle silver coins in the first half of the year – 22% down on H1 2011 and the lowest H1 figure since 2009.

The American Eagle range of silver and Gold Coins is produced by the US Mint specifically for silver and Gold Investment purposes.

Buying Gold? Make it safer, cheaper and easier with BullionVault...

See all articles by Gold Bug here.

Please Note: All articles published here are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it. Please review our Terms & Conditions for accessing Gold News.

Follow Us

Facebook Youtube Twitter LinkedIn



Market Fundamentals