Gold futures ended slightly higher Thursday, logging their fourth gain in five sessions. Other precious metals closed lower on the day.
Gold for June delivery tacked on $3.80, or 0.3%, to settle at $1,285.20 an ounce on the Comex division of the New York Mercantile Exchange.
"Some mild safe-haven demand is featured amid two geopolitical developments this week. A weaker U.S. dollar index today is also working in favor of the precious metals market bulls," Jim Wyckoff, a senior analyst at Kitco Metals Inc., said in a note. "However, gains in gold are limited by the specter of slower global economic growth meaning less demand for precious metals."
Gold futures ranged from a low of $1,280.40 to a high of $1,286.40. They fell 0.3% on Wednesday, gained 0.1% on Tuesday — marking a one-week high, and rose 0.2% on Monday.
Silver for July delivery lost 8.9 cents, or 0.6%, to close at $14.773 an ounce. Silver futures traded between $14.71 and $14.88. They gave back 0.4% on Wednesday, slipped one-tenth of a cent on Tuesday, and declined 0.3% on Monday.
In other precious metals futures prices:
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July platinum dropped $13, or 1.5%, to $851.40 an ounce, ranging from $851.10 to $866.
- Palladium for June delivery fell $23.40, or 1.8%, to $1,283 an ounce, trading between $1,256.50 and $1,317.40.
London Precious Metals Prices
In comparing fixed London gold and silver prices from Wednesday PM to Thursday PM
- Gold rose 90 cents, or less than 0.1%, to $1,281.40 an ounce.
- Silver declined 11 cent, or 0.7%, to $14.82 an ounce.
LBMA platinum and palladium prices are available on the LBMA’s website with a delay of midnight.
US Mint 2019 Bullion Sales
United States Mint bullion sales were unchanged. Below is a sales breakdown of U.S. Mint bullion products with columns listing the number of coins sold during varying periods. Products with an asterisk (*) are no longer available.
| US Mint Bullion Sales (# of coins) | ||||||
|---|---|---|---|---|---|---|
| Thursday / This Week | Last Week | March | April | May | 2019 Sales | |
| $100 American Eagle 1 Oz Platinum Coin* | 0 | 2,600 | 4,000 | 6,500 | 0 | 40,000 |
| $50 American Eagle 1 Oz Gold Coin | 0 | 1,000 | 8,500 | 6,500 | 0 | 70,500 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 0 | 1,000 | 1,000 | 0 | 19,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 0 | 4,000 | 2,000 | 0 | 26,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 0 | 15,000 | 10,000 | 0 | 145,000 |
| $50 American Buffalo 1 Oz Gold Coin | 0 | 1,500 | 5,500 | 6,500 | 0 | 41,500 |
| $1 American Eagle 1 Oz Silver Coin | 0 | 714,000 | 850,000 | 1,196,000 | 68,000 | 8,189,000 |
| Lowell 5 Oz Silver Coin* | 0 | 0 | 80,000 | 0 | 0 | 80,000 |
