U.S. Mint gold coin prices increase

Thursday, October 15, 2009

Unless the London gold price average on Wednesday falls below $1035 an ounce, the US Mint will again increase the price of its gold collector coins, marking the fourth straight week it has adjusted prices.

With gold hitting an all-time high of $1,065 an ounce Tuesday, it would seem unlikely, although it is possible, for gold prices to fall overnight by $30. (The final London PM price the US Mint will use in its calculation to determine price adjustments is fixed around 10 a.m. Eastern Time.)

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