Lower US Mint Numismatic Gold Coin Prices Unlikely this Week

The United States Mint is unlikely to cut numismatic gold coin prices for a second straight week, despite the continual decline in gold prices — now at the lowest levels since early November.

The US Mint cut prices last Wednesday, Dec. 16, when the London Fix weekly gold average retreated under the $1,150.00 an ounce threshold. The next barrier before an adjustment can take place is below $1,100.

London gold did shift below that level on Tuesday, but the current several day average is $1,105.81. The Wednesday AM fix will need to settle under $1,053.50 an ounce to trigger lower prices for US Mint First Spouse Gold Coins, American Buffalo Gold Proof Coins, and Ultra High Relief $20 Double Eagles.

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