GOLD ASK 00.00 $ 1.20
SILVER ASK 00.00 $ 1.20

Please allow up to 30 days or more for delivery of some products due to Mint shipping delays.

Metal Market Report May 2021 - Week 1 Edition

May 2021 - Week 1 Edition

Month-End Summary: Precious Metals Edged Stocks in April

During April, Gold and Silver averaged over 6% gains, while the major stock market indexes averaged under 4% gains, so metals are finally coming alive this year, after a weak first quarter.

Looking at gold, silver and stock indexes over the past two years, however, silver has been the clear winner:

Gold Has Strongest Month of the Year

Gold finished April with its strongest month of the year and continued rising in early May, with prices increasing from $1,770 to $1,790 on Monday, May 3, before correcting back to $1,780 on Tuesday, May 4. Silver shot up to $27.00 before retreating to $26.50. Gold’s rise was mostly based on lower U.S. Treasury rates and a surprising rise in global Coronavirus cases, primarily in India. Through the first four months of the year, however, stocks are ahead of precious metals, while precious metals led stocks during 2020.

U.S. Mint Sales Are Up Sharply in This “Year of Transition”

The heaviest demand for gold and silver bullion coins at the U.S. Mint last year came during March 2020, the month when the Coronavirus hit America and the lockdown began. During that month, there was more than a 20-fold gain (month-over-month) in Troy ounces of Gold American Eagles sold, and nearly a 10-fold gain in one-ounce Silver American Eagles sold. Despite that huge surge last March, the sales of bullion coins at the U.S. Mint through the first four months of 2021 was even greater this year.

There is great interest in this year’s American Eagle series as there will be a design change on the reverse coming in July, the first design change since the series debuted 35 years ago in 1986.  This will essentially cut this year’s mintage in half. There will also be a significant debut of a commemorative series of Morgan and Peace Silver Dollars to honor the centennial of the year in which the two series made their transition in 1921 – the final Morgan Dollar mint year, and the first Peace Dollar mint year. These popular series will also debut early this summer, making 2021 a Year of Transition.  Please stay in touch about these important developments with your account representative.

We continue to see steep premiums on American Eagles due, in part, to delays in deliveries and high demand. Be sure to call your representative and inquire about bullion coin options if Eagle premiums rise too high, but in key transition years like this, high premiums are to be expected as collectors and investors seek out lower mintage dates and transition years. We’ll always keep an eye out for the best prices and timeliest delivery dates.

Get to know the “Team Mike” Professionals at 1st National Reserve
Working with Dr. Mike, America’s Gold Expert ®

Keith Myers
1st National Reserve Veteran Account Manager

Keith Myers is a veteran account manager with 1st National Reserve and has been with the company for over 23 years. He is especially proud of their A+ rating with the Better Business Bureau and the fact they have been accredited with the BBB since 2002.


Keith has been married for 27 years and has two sons. He likes to hunt and fish and spend time with his family.

Keith has served the community in his role as president of the local youth football league and vice-president of a Pony Baseball League. He has also volunteered with Boys’ Haven and provided food at several of their events.

Keith’s favorite coin is the historic and extremely popular $20 Liberty gold piece. He loves the beauty and rarity of the coin, as well as, telling the story behind this incredible coin. He is not only one of the “go to” advisers for rare gold and silver coins, his expertise in converting 401k/IRA accounts to precious metals sets him apart. With gold continuing to rise, now is the time to look at adding precious metals to your portfolio.



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