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U.S. Mint Sales of Gold Coins at Three-Year High on Price

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Sales of gold coins by the U.S. Mint are heading for the highest level since December 2009 after prices in New York had the worst two-day slump in three decades.

As of yesterday, sales totaled 196,500 ounces, up from 62,000 ounces in March, data on the mint’s website show. The amount for all of December 2009 was 231,500 ounces.