Gold settled higher for the first time in three sessions Tuesday after falling to a more than one-week low in starting the week on Monday.
Gold for December delivery added $5.40, or 0.4%, to settle at $1,346.70 an ounce on the Comex division of the New York Mercantile Exchange.
"We’re seeing some modest buying interest," Bloomberg News quoted Tai Wong, director of commodity products trading at BMO Capital Markets in New York. "The dollar seems to be on a cagey retreat today which keeps sellers cautious."
Gold futures ranged from a low of $1,336 to a high of $1,348.50. On Monday, they ended at their lowest level since July 28.
Rebounding from a two-week low and closing higher for the first time in a week, silver for September delivery rose 4.5 cents, or 0.2%, to $19.85 an ounce. Silver futures traded between $19.60 and $19.90.
Rounding out metals trading:
October platinum gained $4.50, or 0.4%, to $1,159.90 an ounce, ranging from $1,145.90 to $1,164.
- Palladium for September delivery edged up $1.05, or 0.2%, to $694.35 an ounce, trading between $686.50 and $697.60.
London Precious Metals Prices
In comparing earlier fixed London gold and silver prices from Monday PM to Tuesday PM:
- Gold rose $4.20, or 0.3%, to $1,341 an ounce.
- Silver added 4 cents, or 0.2, to $19.70 an ounce.
LBMA platinum and palladium prices are available on the LBMA’s website with a delay of midnight.
US Mint Bullion Coin Sales in 2016
United States Mint bullion sales were unchanged Tuesday as of 3:40 p.m. ET. Below is a sales breakdown of U.S. Mint bullion products with columns listing the number of bullion coins sold during varying periods of time. Products with an asterisk (*) are no longer available.
|US Mint Bullion Sales (# of coins)|
|Tuesday Sales||Last Week||This Week||July Sales||Aug Sales||2016 Sales|
|$100 American Eagle 1 Oz Platinum Coins||0||0||0||19,000||0||19,000|
|$50 American Eagle 1 Oz Gold Coins||0||5,000||10,000||30,000||15,000||451,000|
|$25 American Eagle 1/2 Oz Gold Coins||0||0||0||2,000||0||48,000|
|$10 American Eagle 1/4 Oz Gold Coins||0||0||0||10,000||0||96,000|
|$5 American Eagle 1/10 Oz Gold Coins||0||5,000||15,000||50,000||20,000||575,000|
|$50 American Buffalo 1 Oz Gold Coins||0||0||1,500||10,000||1,500||124,000|
|$1 American Eagle 1 Oz Silver Coins||0||75,000||150,000||1,370,000||225,000||27,845,500|
|2016 Shawnee 5 Oz Silver Coins*||0||0||0||0||0||105,000|
|2016 Cumberland Gap 5 Oz Silver Coins*||0||0||0||0||0||75,000|
|2016 Harpers Ferry 5 Oz Silver Coins||0||0||0||0||0||34,200|