The first coins were created at the end of the 7th century BC. In appearance, they differed significantly from modern coins. Over time, the quality of the final products improved, new methods for the production of coins appeared. Scientific and technological progress played an important role in this process.
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Last week, the yellow metal rose marginally to settle above $1,800 an ounce. The reason for the rise in prices for precious metal was the decline in the dollar index against the euro and yen.
The Central Bank of the People's Republic of Bangladesh will issue a commemorative coin on the occasion of the 50th anniversary of the establishment of diplomatic relations between the country and Japan. Coins are minted from silver.
The European Commission has unveiled the design of a joint issue of the commemorative coin for 2022 with a face value of 2 euros. The design of the coin was designed in honor of the 35th anniversary of the Erasmus program in Europe. The launch of this program took place in 1987.
Perth Mint has released a silver opal coin celebrating the Year of the Tiger. The product is minted as a proof. The reverse of the coin is decorated with real Australian opal. The coin was created from 31.1 g of pure silver of the 0.999th sample. Its diameter is 36.6 mm. Face value - 1 Australian dollar. The circulation of the coin is 5 thousand copies.
The independent research agency MAGRAM Market Research, commissioned by the World Gold Council, conducted a study in which Russian experts estimated the optimal share of gold in the portfolio of the average Russian investor. In their opinion, it is 10-20%.
The yellow metal exchange rate is maintained at a high level due to inflationary risks and low economic growth rates. Gold shows resilience amid volatility in financial markets. Towards mid-January, the yellow metal rose significantly in price.
The Austrian Mint issued two unique coins in 2022: one from the Alpine Treasure series called Wild Waters, and the other from the Microraptur gui series.
Even though 2021 saw a decline in sales, gold is still popular. India is the second largest yellow metal buying country after China.
The Perth Mint released a coin from one of the most popular series in the world - "Lunar." This is the third coin dedicated to the Year of the Tiger. The Lunar series is 27 years old. According to the regulations of the program, a coin with one of the 12 animals of the Chinese calendar is minted once every 12 years.