Gold American Eagles - Year End Totals
Now that 2010 is upon us, I want to share with you the total Gold American Eagles minted in 2009. You may remember from my previous posts that NO fractional Gold Eagles were minted until December of 2009 so these numbers are small compared to the one-ounce coins.
A total of 1,315,500 one-ounce Gold Eagles were minted in 2009. Of the half-ounce Eagles, a total of 110,000 were minted (in December of 2009). Likewise, a total of 110,000 quarter-ounce Eagles were minted in 2009 and 270,000 tenth-ounce Eagles were minted in 2009. That makes a total of 1,425,000 ounces of gold used for the U.S. Mints' Gold Eagle program.
Unofficially, the spot price of gold was at $1096.50 per ounce at the end of 2009 which is a gain of $222.90 over the previous year's close which represents a 25.52 percent increase. Gold's high for the year was on December 3rd when the price per ounce reached $1,226.10.
On a related note, the "poor man's gold" (silver) had a banner year. A total of 28,766,500 Silver American Eagles were minted in 2009.
2010 should be a very interesting year for the precious metals.
Labels: fractional gold coins, Gold American Eagles, half-ounce Gold American Eagles, quarter-ounce Gold American Eagles, silver american eagles, spot price of gold, tenth-ounce Gold American Eagles
posted by ausiman @ 10:49 PM
2 Comments:
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The new American Buffalo 24-karat gold coin, investors now have access to gold bullion coins that each contain one troy ounce.
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