United Coin and Precious Metals 5/18 950 Silverado Street La Jolla, CA 92037

Major Gold Strike Underway In South Africa

More than 2,000 unionised workers at the Lumwana copper mine, owned by Barrick Gold Corp., went on strike Monday demanding an explanation of their future once the company closes the operation, according to a senior government official.

“They are demanding to know their future when the mine is closed,” Amos Malupenga, the top civil servant in North-Western province, told Reuters. Continue reading

Posted in Blog

Gold Low On Greek Debt Deals

GOLD BULLION halved an earlier 2.0% rally from new 6-week lows on Thursday in London as world stock markets crept to new record highs and the Euro whipped on the FX market following Greece’s formal request for an extension to its current bail-out loans.
Gold prices had earlier “reacted to the more dovish” minutes from the latest US Federal Reserve policy meeting, released late Wednesday, according to one London bullion bank.

Continue reading

Posted in Blog

Despite Budget Shortfall, San Diego To Spend $550,000 On Pothole Assessment

San Diego’s streets may be one step closer to repairs.

The city unveiled a new high-tech car Tuesday meant to help show city officials where the worst roads are.

Late last year, NBC Investigates revealed the city has paid out more than a million dollars in claims for damage caused by potholes on city streets.

Continue reading

Posted in Blog

Royal Mint to start selling precious metals online

The Royal Mint has started selling gold and silver bars directly to the public for the first time.

Silver minted bars are available in 100g units, while the gold bars range from 1g to 100g.

Depending on the price of the precious metals at the time of purchase, a 1g gold bar could cost around £40, while 100g could be around £2,800. Continue reading

Posted in Blog

Royal Canadian Mint Releases Latest Coins in Gold and Silver Bullion Series

The Royal Canadian Mint launched the latest coins from their Canadian Birds of Prey 1 oz silver bullion coin and Call of the Wild 1 oz gold bullion coin series. Continue reading

Posted in Blog

The Austrian Mint Story

The Austrian Mint is in the lovely city of Vienna, Austria, home of great music and the seed of much psycho-analysis in the 1920s, such as Wilhelm Reich, The city is responsible for minting the National Austrian Coins. Since 1989 the Austrian Mint, producing one of the worlds’ most popular bullion gold coins, has been a public limited company and a subsidiary of the National Bank of Austria.

Continue reading

Posted in Blog

Gold And Silver Dealers In San Diego

Buy Gold San Diego

San Diego, California is a major city of California located on the coast of the beautiful Pacific Ocean in Southern California, about 120 miles south of Los Angeles and right on the border with Mexico. San Diego is the eighth-biggest city in the United States and the second-largest in California behind San Francisco. As one of the fastest growing cities in the nation, San Diego is known for its mild year-round climate, natural deep-water harbor, extensive beaches, its base for the US Navy and its healthcare and biotechnology development center. Continue reading

Posted in Blog

Chinese banks to join new gold fix from March

The replacement for the near-century-old London gold fix will start in March, with the hope of attracting at least 11 members, including Chinese banks for the first time.

UK financial authorities are undertaking an assessment of financial benchmarks in the wake of a series of scandals, including over the gold fix. Continue reading

Posted in Blog

US Mint Bullion Coins Increase in January Sales

Sales of US Mint American Eagle and American Buffalo sales exploded in January with newly dated 2015 bullion coins enjoying stalwart sales and attracting investors and collectors as gold and silver prices soared during the month. Continue reading

Posted in Blog

Market Down, Russia Downgraded

(Reuters) – Russian financial markets saw a muted reaction on Tuesday after ratings agencyS&P downgraded the country’s sovereign credit rating to ‘junk’, with the rouble strengthening and Moscow-listed shares broadly steady. Continue reading

Posted in Blog
World Spot Prices
(Updates Every 30 Seconds)
11.96

Gold

Bid: $1,731.63
Ask: $1,732.63
0.46

Silver

Bid: $17.86
Ask: $17.96
-1.89

Platinum

Bid: $834.23
Ask: $839.23