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US Mint Gold Coin Pricing to Reduce

2016-11-16 Wed

The U.S. Mint might cut prices of almost 24 gold coins on 16th November. The sale of 2016-W Walking Liberty Centennial Gold Coin will also begin on the same day. The pricing of coins is set based on a weekly average of London gold. The price was also cut down on 12th October when gold fell to within the range of $1,250.00 to $1,299.99 an ounce. Currently gold is valued at $1,228 an ounce.

As per the current value of Gold, it is likely that pricing would reduce by $50 for every ounce of gold. 8 pricing changes were made earlier this year. 6 of these changes included a price hike