US Mint gold coin sales in first days of Jan surpasses Dec total

Jan 7, 2015 - 11:48 AM GMT

The US Mint sold 42,000 ounces of American Eagle one-ounce gold coins in the first few days of January, it said, significantly above the 18,000 Eagles it sold in the whole of December.

The figure is also nearly half the entire figure of last January at 91,500 ounces and just short of the monthly average for 2014 of 43,700 ounces, according to data on the US Mint website.

“January is traditionally a strong coin sales month in the US,” Commerzbank said.

Last year, the US Mint sold 524,500 ounces of American gold eagle coins, down from 856,500 in 2013.

The US Mint has sold 16,500 ounces of its 24-carat one-ounce American Buffalo bullion coins so far in January, up from 4,500 in December and compared with 177,500 in the whole of 2014.

(Editing by Mark Shaw)