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Gold coin sales halted after retail rush
By Javier Blas in London 
Published: September 25 2008 23:03 | Last updated: September 25 2008 23:03
The rush by retail investors into gold on Thursday forced the US government 
to “temporarily” suspend the sales of the popular American Buffalo one-ounce 
bullion coin after depleting its inventories. 
The shortage of gold coins is the latest sign of investors seeking a safe 
haven into bullion amid Wall Street woes. Gold prices this week surged above 
$900 an ounce, up about 20 per cent from its level before the collapse of 
Lehman Brothers. 
Safe-haven buying spurred by a weakening dollar and rising inflation on the 
back of high commodity prices have also benefited gold sales, analyst said. 
The US Mint said in a memorandum that “demand has exceeded supply” and, 
therefore, it was “temporarily suspending sales of these coins”. “We are 
working ­diligently to build up our inventory and hope to resume sales 
shortly,” it added......................................................
 
http://www.ft.com/cms/s/0/e8bc3d72-8b40-11dd-b634-0000779fd18c.html?nclick_check=1