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US Gold coin sales surge in Oct on lower prices

from BullionStreet:

US Mint has reported a surge in gold coin sales in October as prices fell below $1300 an ounce to $1251 levels.On Tuesday, the US Mint sold 10,000 ounces of the most popular 22-karat American Eagle Gold coins, for a total sales of 22,000 ounces till date in October.

The US Mint has also reported higher-than-usual American Eagle silver coin sales of 750,000 ounces on Tuesday, bringing the October till date production to 1.6 mn ounces, on track to surpass sales of 3 mn ounces in September.

October sales of gold coin has been the highest in three months with 13,000 tons in September and 11,500 tons in August.

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