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Gold, silver coin demand surging, straining U.S. Mint's capacity - Vimarsana News

Gold, silver coin demand surging, straining U.S. Mint's capacity

The United States Mint said on Tuesday it was unable to meet surging demand for its gold and silver bullion coins in 2020 and through January, due partly to pandemic-driven demand and plant capacity issues.

US Mint Unable to Meet Surging Demand For Gold, Silver Bullion Coins - Vimarsana News

US Mint Unable to Meet Surging Demand For Gold, Silver Bullion Coins

The United States Mint said on Tuesday it was unable to meet surging demand for its gold and silver bullion coins in 2020 and through January.

UPDATE 1-Silver dealers scramble to find supplies for retail buyers - Vimarsana News

UPDATE 1-Silver dealers scramble to find supplies for retail buyers

* UK Royal Mint sees demand jump * India, China buying muted (Updates with comments from UK Royal Mint, SD Bullion; updates price reference) Feb 2 (Reuters) - A retail investment frenzy in silver over the past couple of days driven by social media has left dealers in some regions scrambling for bars and coins to meet demand. Silver prices fell on Tuesday as a buying spree by smaller investors seen mainly in silver mining shares and exchange-traded funds fizzled out following a margin hike on futures contracts by the Chicago Mercantile Exchange. The buying, inspired by a recent rush by retail ...

Silver dealers scramble to find supplies for retail buyers - Vimarsana News

Silver dealers scramble to find supplies for retail buyers

4 Min Read (Reuters) - A retail investment frenzy in silver driven by social media has left dealers from the United States to Singapore scrambling for bars and coins to meet demand. FILE PHOTO: A quality control agent examines a 2013 enhanced silver eagle silver coin at the United States West Point Mint facility in West Point, New York June 5, 2013. REUTERS/Shannon Stapleton Silver prices extended their rally on Monday to an eight-year high as small investors answered calls on social media last week to buy the metal to push up prices. Retail investors cannot directly access the wholesale sil...

New Silver Eagle Reverse Engraver Michael Gaudioso Inks Exclusive Signature Label Deal With NGC - Vimarsana News

New Silver Eagle Reverse Engraver Michael Gaudioso Inks Exclusive Signature Label Deal With NGC

New Silver Eagle Reverse Engraver Michael Gaudioso Inks Exclusive Signature Label Deal With NGC American Silver Eagle reverse, has agreed to sign certification labels exclusively for Numismatic Guaranty Corporation (NGC). The addition of Gaudioso is the perfect complement to NGC’s long-standing exclusive signature arrangement with John Mercanti, engraver of the original Silver Eagle reverse. To mark the 35th anniversary of the flagship bullion coins of the United States, the United States Mint is updating the reverse of the Silver Eagle in 2021 as well as that of its companion coin, the...