Denmark’s Central Bank to Stop Coin and Banknote Production

The central bank of Denmark, Danmarks Nationalbank, will stop striking coins and printing banknotes in 2016, according to a new release issued by the bank on Oct. 21, 2014. Citing falling demand and...

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Gold Turns Lower against a Stronger Dollar and Continued Profit Taking

Commentary for Wednesday, Oct 23, 2014 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed down $16.30 at $1228.50 taking all the fizz out of recent action around the $1240.00 level. The dollar was strong as the Dollar Index saw a trading range of 85.66 through 85.88. I think today’s […]

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Gold Drops 1.3%, Silver Falls 0.4%

Gold marked its biggest loss in nearly three weeks on Thursday, driven lower as investors veered toward riskier bets. Gold for December delivery fell $16.40, or 1.3%, to close at $1,229.10 an ounce...

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Silver Market Tycoon Nelson Bunker Hunt Dead at 88

By Charles Morgan and Hubert Walker for CoinWeek…. “A billion dollars ain’t what it used to be.” So said Texas oil magnate Nelson Bunker Hunt after he and his brother William Herbert Hunt, along with a group of wealthy Saudi partners, tried to profit by cornering the world’s silver market, only to have the entire […]

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Paramount Receives Favorable Gold, Silver Results from Second Dana Drill Hole

Paramount Gold and Silver Corp. (TSX:PZG,NYSE:PZG) announced that the second drill hole on the Dana structure at its Mexico-based San Miguel project has intersected both high gold grades and "significant" silver grades.
 
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