Legislation introduced in the House March 10 seeks a two-coin program for 2027 commemorating the 25th anniversary of the Sept. 11, 2001, terrorist attacks on the United States. The issue date is a year past the anniversary, to avoid conflicting with the semiquincentennial initiatives.
Source – Coin World
Circulation finish 2025-P and 2025-D Kennedy half dollars in bags and rolls are scheduled to go on sale from the United States Mint at noon Eastern Time May 6.
The mixed 200-coin canvas mini-bags comprise 100 coins each produced at the Denver and Philadelphia Mints.
The $100 face value bags are priced at $154.50 per bag, with a maximum release of 11,550 bags and a household-order limit of 10 bags.
Source – Coin World
Ghana’s gold production could increase by around 6.25% to approximately 5.1 million ounces in 2025, up from last year’s record output of 4.8 million ounces, the Chamber of Mines in Africa’s top gold-producing nation said on Friday.
“We project gold output to range between 4.4 and 5.1 million ounces, buoyed by increased contributions from Newmont’s Ahafo South Mine and Shandong’s Namdini Mine,” Chamber of Mines President Michael Akafia said at an annual gathering in the capital Accra.
“We’re looking at about 30% to 40% more production than the previous year,” the general secretary of the group, Godwin Armah, told Reuters.
Source – Reuters
U.S. copper futures rallied nearly 5% on Wednesday, rising more than other global benchmarks, after President Trump said imports of the metal would be subject to a 25% tariff; the front-month May Comex contract (HG1:COM) currently +4.6% at $4.76/lb.
Trump’s comments in last night’s speech to Congress sparked a surge in Comex copper prices in Asian hours, as traders reacted to the possibility that copper tariffs could be larger than expected.
“A 25% tariff was clearly not what the market was expecting before those comments, and now traders are scrambling to price in the correct level, whatever that might end up being,” Saxo Bank’s Ole Hansen said. “Whatever the final tariff is, the disruption to global trade flows is very real.”
Source – Seeking Alpha
Spot gold fell 0.1% to $3,030.13 an ounce, as of 09:35 a.m. ET
“There are concerns that tariffs could spark inflation, and there’s a consensus that despite rising prices from U.S. tariffs, the Federal Reserve might start easing policy around mid-year,” said Bart Melek, head of commodity strategies at TD Securities.
“I expect gold to trade roughly where it is now, give or take about $25,” Melek said.
Spot silver dropped 1.2% to $33.61 an ounce, platinum lost 1.6% to $980.90 and palladium fell 0.8% to $959.20
Source – Reuters
The history of National Coin Week began in 1923, when American Numismatic Association Governor Julius Guttag suggested to the association’s President, Moritz Wormser, that a week-long event should be established “to attract the general public to our hobby and consequently increase our membership, and aid in our science.” That December, the first announcement of a “Coin Week” was made in The Numismatist and scheduled for the week of February 9-16, 1924.
In 2026, America will celebrate 250 years of independence. This milestone invites us to reflect on the many ways money and freedom are connected.
Source – American Numismatic Association
This year has been an up and down ride for silver after 2023 but seems to have taken a turn in the last quarter of the year.
“Silver fell to a quarterly low of US$30.11 on November 27, but since then the precious metal has regained some ground. As of December 11, it was trading at US$31.88.
The next Fed meeting is set to run from December 17 to 18. Most analysts expect the central bank to make one last 25 basis point cut before pausing in 2025.”
Source – Investing News Network
