“The U.K.’s Royal Mint, which traces its history back more than 1,000 years, ran out of 2014 Sovereign gold coins as prices near a six-month low led to ‘exceptional demand.’ The mint, based in Llantrisant, Wales, expects to have stocks of the coins again by the end of January, it said in a statement e-mailed today. Gold dropped to a six-month low of $1,182.27 an ounce in London on Dec. 31, capping the largest annual decline since 1981. Bullion slumped for the first time since 2000 last year as some investors lost faith in the metal as a store of value and on speculation an improving economy will spur the Federal Reserve to slow stimulus.”
Related posts:
Americans: 'Online Surveillance Is O.K. For Most'
Milwaukee County agrees to settle police brutality case for $110,000
CFTC's Chilton Talks Bitcoin Regulation
Apple closes law enforcement loophole for the iPhone
Russian central bank ready to step in to stop ruble panic
Homeland Security tracks down 400-page diary of Nazi leader and Hitler aide
Gun registry 'scheme' among concerns over US signing of UN arms treaty
Sweden’s small Arctic town of Kiruna plans to offer commercial space flights
Where Congress stands on Syria
AB InBev's Mega Bonds Just the Start of a Corporate-Debt Deluge
Yellen tells graduates: Show grit like Ben Bernanke
Spanish spy chief to address Parliament on spying
China bitcoin arbitrage ends as traders work around capital controls
Canadian Mint ready to test its own digital money project
Ron Paul: We're Broke and Already Over Fiscal Cliff - Bloomberg 11/08/2012