Sales over the past week trended way up from the previous week, causing inventory to run out. So far this month, 2,157,500 silver Eagles have sold, compared with just 942,500 in February 2018 – a 118% year-over-year increase.
The Mint issued a statement that the West Point facility is currently producing additional 2019-dated American Eagle silver bullion coins, and it hopes to re-launch sales in a few weeks.
The iShares Silver Trust (SLV) was trading at $14.28 per share on Friday afternoon, down $0.35 (-2.39%). Year-to-date, SLV has declined -10.69%, versus a 5.49% rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of Numismatic News.