Gold’s narrow trading around the $1,200 an ounce level is yo-yoing prices of United States Mint gold coins. The agency’s pricing has changed twice this month, and another round of adjustments could happen on Wednesday.
More than two dozen of the Mint’s collectible gold coins may see price hikes, based on the latest weekly average of gold which is a smidgen over $1,200 an ounce. The U.S. Mint this year has already made six pricing adjustments — raising them three times and dropping them three times. The last instance was on April 15 when the weekly average of London gold dropped to within the $1,150.00 to $1,199.99 an ounce range.
Coin News Update: On Wednesday, the AM gold price was $1,202.40 but the PM gold price tumbled to $1,189.25. As a result, the U.S. Mint will NOT raise coin pricing.
The call on Wednesday will be close. If the London gold AM price is higher than $1,190.35 an ounce and the PM price is over $1,200 an ounce — prices at this writing have edged above $1,202 an ounce, then expect these changes:
From | To | |
2015-W Proof Gold Buffalo Coin (1 oz) | $1,540.00 | $1,590.00 |
2015-W Proof Gold Eagle Coin (1 oz) | $1,510.00 | $1,560.00 |
2015-W Proof Gold Eagle Coin (1/2 oz) | $770.00 | $795.00 |
2015-W Proof Gold Eagle Coin (1/4 oz) | $397.50 | $410.00 |
2015-W Proof Gold Eagle Coin (1/10 oz) | $170.00 | $175.00 |
2015-W Proof Gold Eagle Four-Coin Set | $2,797.50 | $2,890.00 |
2015 US Marshals Proof Gold Coin | $393.30 | $405.45 |
2015 US Marshals Uncirculated Gold Coin | $388.30 | $400.45 |
2015 US Marshals Three-Coin Set | $454.30 | $466.45 |
1964-2014 Proof Gold Kennedy Gold Coin | $1,165.00 | $1,202.50 |
2013 & 2014 First Spouse Gold Proof Coins | $790.00 | $815.00 |
2013 & 2014 First Spouse Gold Uncirculated Coins | $770.00 | $795.00 |
The above numismatic gold coins are found on the Mint’s website page located here.
When called for, pricing changes have tended to happen around 2:00 PM ET. This article will get updated with what actually happens.