Monthly Archives: October 2018

Capped Bust & Seated Liberty Half Dime Collection

We just got in this complete set of Capped Bust & Seated Liberty Half Dimes Capped Bust 1829–1837 1829 Capped Bust half dime Production of half dimes resumed in 1829. All coins were minted at Philadelphia and display no mintmark. The high circulating mintage in the series was in 1835, when 2,760,000 were struck, and […]

Gold at 3-Month Highs; Flirts With $1,250 as Stocks Tumble

Gold, the contrarian bet to stocks, continued its approach of $1,250 as a global selloff in equities gave new legs to the precious metal. A cocktail of geopolitical tensions, led by Saudi Arabia’s crisis over its alleged role in the murder of prominent journalist Jamal Khashoggi, along with a weaker dollar, Italy’s budget woes and […]

Gold and Silver Continue to Advance

Gold prices ended little changed on Friday after a choppy trading session, but still ended the week with a gain of 0.59%, its third straight weekly increase. December gold futures settled at $1,230.00 on the Comex division of the New York Mercantile Exchange. The dollar was broadly lower on Friday down 0.36% to 95.38 in […]

Gold Touches New 3-Month High on Global Tensions.

Gold futures settled up on Tuesday, hitting 3-month highs for a second day in a row as a sea of global troubles kept safe-haven demand churning. Traders also cited speculators’ attempts to steer the market toward $1,250 an ounce to cash out options bought at that level. But in post-settlement trade it gave back all […]

Gold at 3-Month High; $1,250 Target Eyed

Gold hit 3-month highs on Monday, continuing its ascent into a third week and reasserting itself as the hedge of choice against a cocktail of geopolitical tensions, tumbling equity markets and global macro uncertainties. Just two months back, both spot and futures of bullion were falling vs. the dollar almost each day as the U.S. […]

Gold Prices Climb Over 1%, Regains $1,200 Level amid Stock Rout

Gold prices rose more than 1% on Thursday, regaining the psychologically important $1,200 level as a rout in global stock markets spurred by fears over rising bond yields, slowing global growth and trade tensions bolstered safe haven demand. December gold futures were up $13.90 or 1.16% to $1,207.30 by 07:45 AM ET (11:45 GMT) on […]

Bill in Congress seeks to Eliminate Capital Gain Taxes on Gold and Silver Bullion

A bill introduced in the US House would eliminate capital gains taxes on gold and silver bullion. Rep. Alex Mooney (R-W.Va.) introduced HR6790 on Sept. 12. Titled the Monetary Metals Tax Neutrality Act of 2018, the legislation would amend the IRS code to exempt the sale of “refined gold or silver bullion, coins, bars, rounds, […]