It's been a very busy couple of years for the United States Mint in
terms of American Eagle bullion sales, particulary silver, and Kitco
does not expect 2016 to be any different.
In a Dec. 21 post online, Kitco says to expect
gold and silver prices to stay low next year, which will keep sales high.
So far in December, 2,000 ounces worth of gold bullion coins
(American Eagle and American Buffalo combined) have been sold, while
2,333,500 ounces of silver have been sold.
Both of those monthly figures are relatively low for the otherwise
strong 2015, which has seen a combined 1,022,000 ounces worth of gold
bullion coins sold, and 47,000,000 ounces worth of silver bullion
"But, analysts do not attribute the lower numbers with customer
fatigue, and actually expect retail demand to pick up next year as
metal prices continue to hover at lower levels," Kitco reports.
"In a research report released Monday, analysts at Barclays said
lower demand in December could be simply related to depleted stock."
It appears U.S. Mint bullion sales will be another hot topic in 2016.
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