Precious metals futures registered slight changes Wednesday. Gold edged up from a near three-week low while silver settled down for a fourth straight session.
Gold for December delivery rose 70 cents, or less 0.1%, to settle at $1,279 an ounce on the Comex division of the New York Mercantile Exchange.
"Gold prices were ending the U.S. day session with slight gains and erased earlier losses," Jim Wyckoff, a senior analyst at Kitco Metals Inc., said in a daily note. "A solid down day for U.S. stock indexes helped to lift the gold market back into positive territory on the day."
Gold futures traded from a low of $1,272 to a high of $1,280.40. They lost 0.2% on Tuesday — ending at their worst point since Oct. 6, and climbed 40 cents in their start to the week on Monday
Meanwhile, silver for December delivery declined 4.1 cents, or 0.2%, to close at $16.925 an ounce. The settlement is the lowest since Oct. 6 when the metal ended at $16.79 an ounce. Silver futures ranged from $16.81 to $17.05. They declined 0.6% in the previous session and shed less than a half cent on Monday.
In PGM futures on Wednesday:
-
January platinum added $1.20, or 0.1%, to $926.70 an ounce, trading between $914.50 and $926.50.
- Palladium for December delivery lost $3.10, or 0.3%, to $958.10 an ounce, ranging from $948.35 to $967.45.
London Precious Metals Prices
In comparing earlier fixed London gold and silver prices from Tuesday PM to Wednesday PM:
- Gold dipped $1.45, or 0.1%, to 1,275 an ounce.
- Silver declined 14.5 cents, or 0.9%, to $16.89 an ounce.
LBMA platinum and palladium prices are available on the LBMA’s website with a delay of midnight.
US Mint Bullion Sales in 2017
United States Mint bullion sales were unchanged as of 2:23 p.m. ET. Below is a sales breakdown of U.S. 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) | ||||||
|---|---|---|---|---|---|---|
| Wednesday | Last Week | This Week | September | October | YTD | |
| $100 American Eagle 1 Oz Platinum Coin | 0 | 0 | 0 | 0 | 0 | 20,000 |
| $25 American Eagle 1 Oz Palladium Coin* | 0 | 0 | 0 | 15,000 | 0 | 15,000 |
| $50 American Eagle 1 Oz Gold Coin | 0 | 2,500 | 2,000 | 8,000 | 10,000 | 180,000 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 0 | 0 | 1,000 | 2,000 | 32,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 2,000 | 0 | 2,000 | 2,000 | 58,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 20,000 | 0 | 25,000 | 25,000 | 355,000 |
| $50 American Buffalo 1 Oz Gold Coin | 0 | 2,500 | 0 | 1,500 | 4,500 | 81,000 |
| $1 American Eagle 1 Oz Silver Coin | 0 | 450,000 | 175,000 | 320,000 | 925,000 | 16,823,500 |
| 2017 Effigy Mounds 5 Oz Silver Coin | 0 | 0 | 0 | 0 | 0 | 35,000 |
| 2017 Frederick Douglass 5 Oz Silver Coin | 0 | 0 | 0 | 0 | 0 | 20,000 |
| 2017 Ozark Riverways 5 Oz Silver Coin | 0 | 0 | 0 | 0 | 0 | 20,000 |
| 2017 Ellis Island 5 Oz Silver Coin* | 0 | 0 | 0 | 0 | 0 | 40,000 |
its nice to sea all green tho.