from Gold and Silver Blog:
"According to the latest report from the U.S. Mint, sales of both gold and silver bullion coins rebounded strongly during May.
"Sales of the American Gold Eagle bullion coins during April had declined to only 20,000 ounces, the lowest monthly sales since June 2008 when 15,500 ounces were sold. During May, the U.S. Mint sold 50,000 ounces of gold bullion coins, up 150% from April sales of 20,000 ounces.
"The monthly sales figures for bullion coins can vary dramatically for a number of reasons, but support for the increase in demand during May may be due to the recent pullback in gold prices. During May, the closing London PM Fix Price for gold declined by 6.3% from $1,664 to $1,558 per ounce. Through the end of May, gold has declined by $40 from $1,598 at the beginning of 2012. Gold reached a 2012 high of $1,781 on February 28th..."