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Tanaka Kikinzoku: gold coin sales doubled last year

Posted By admin On January 26, 2009 @ 5:18 am In Money Watch | Comments Disabled

Reuters [1]
Monday, Jan 26, 2009

Japan’s biggest bullion house Tanaka Kikinzoku Kogyo said on Monday its sales of gold coins more than doubled in 2008, as investors flocked to the safe-haven metal amid the global financial crisis.

Gold coin sales jumped in February following a spike in gold prices and also again from October as the credit crisis picked up steam.

It sold a combined 158,851 ounces of two types of investment-purpose gold coins, up 121 percent from 2007, the bullion house said in a statement.

Full article here [1]

Tanaka Kikinzoku: gold coin sales doubled last year  161008pptv2 [2]


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URLs in this post:

[1] Reuters: http://www.guardian.co.uk/business/feedarticle/8324703

[2] Image: http://www.prisonplanet.tv/subscribe.html

[3] Greeks Turn Savings To Gold And Perth Mint Silver Coin Sales Surge To Record On Safe Haven Demand: http://www.prisonplanet.com/greeks-turn-savings-to-gold-and-perth-mint-silver-coin-sales-surge-to-record-on-safe-haven-demand.html

[4] U.S. mint suspends gold coin sales; futures price is a fiction: http://www.prisonplanet.com/us-mint-suspends-gold-coin-sales-futures-price-is-a-fiction.html

[5] Mints coin it as consumers scramble for gold: http://www.prisonplanet.com/mints-coin-it-as-consumers-scramble-for-gold.html

[6] U.S. Mint Sales of Gold Coins Jump to Highest in Three Years: http://www.prisonplanet.com/u-s-mint-sales-of-gold-coins-jump-to-highest-in-three-years.html

[7] US Mint Runs Out Of Tenth-Ounce Gold Coin Inventory Day After Its Release For Broad Purchase: http://www.prisonplanet.com/us-mint-runs-out-of-tenth-ounce-gold-coin-inventory-day-after-its-release-for-broad-purchase-2.html

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