As shown by data on Monday, the U.S. Mint, sales of investment coins "American eagle" in the gold and silver performance fell to its lowest level in 11 years during 2018, as investors preferred higher-yielding assets, despite the volatility in world financial markets (stock and bond market) at the end of the year.
based on the information the United States Mint, sales of investment coins "Gold American Eagle" in 2018 reached 245,500 ounces, and the lowest figure for the year starting in 2007. In December, the Mint sold 3,000 ounces of gold coins, which is 85.4 percent lower than sales in November.
sales of silver coins amounted to 15.7 million ounces, which is the lowest annual figure since 2007, according to the data of the US Mint. In December sales of coins "Silver Eagle" reached 490,000 ounces, falling to 70.2% compared to the previous month.
As shown by the data, sales of American Eagle coins was down consistently during the first five months of this year. The mood changed in the summer, the outbreak of a trade war between the United States and China, which caused a temporary shift to more secure assets.
Gold has traditionally been a reliable product, which investors buy in times of economic and geopolitical uncertainty as to preserve its assets.
later, However, this momentum waned as the U.S. dollar increased in value terms. This made dollar-denominated gold more expensive for holders of other currencies and less attractive for investment.