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Gold Eagle Bullion Sales Recover, Silver Eagles Approach Record

November 2, 2013 in Coins, Collecting, Gold, Gold Coins, Gold Eagles, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

November 1, 2013 By Michael Zielinski (http://news.coinupdate.com)

After two months of weakness, the American Gold Eagle bullion coins achieved stronger sales during the month of October. Silver Eagle bullion sales exceeded three million coins for the month, with the all time annual sales total quickly approaching.

For the month of October 2013, Gold Eagle bullion sales reached 48,500 troy ounces across all options. The most popular seller by both units and total weight was the one ounce size at 41,000 pieces. The latest monthly sales total breaks the streak of two uncharacteristically weak months. In August, sales were 11,500 ounces, followed by sales of 13,000 ounces in September. The total for August had marked a six year low for monthly sales.

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