It costs more than its value to mint a Rs 1 coin, with production costing Rs 1.11. However, higher denominations like Rs 2, ...

The World Gold Council has forecast a continued surge in gold investment demand in China albeit at a moderated pace this year ...

Before President Trump, President Obama was the last to make a strong argument for doing-away with the penny. The latest ...

When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that costs ...

President Donald Trump’s surprise order comes after decades of unsuccessful efforts to pitch the penny. Here’s a look at some ...

President Donald Trump said he’s instructed the Secretary of the US Treasury to stop making new pennies, writing that they “literally cost us more than 2 cents.” He’s right — in fact, each US penny ...

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...

MILWAUKEE - As President Donald Trump continues to unveil new executive actions within his first month in office, the commander in chief is now targeting ...

Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.

The president's halt on "wasteful" penny production could cause the value of the rarest one-cent coins to surge.