Gold Declines and Silver Climbs on Thursday, April 5

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One gold bullion bar and graph
Gold futures slipped 0.9% on Thursday, April 5

Silver stood alone with gains among precious metals futures Thursday. Gold ended at its lowest price in a week.

Gold for June delivery declined $11.70, or 0.8%, to settle at $1,328.50 an ounce on the Comex division of the New York Mercantile Exchange. The settlement is the weakest since a week ago Thursday, March 29.

"The world marketplace quickly returned to a more robust risk appetite today, as evidenced by rallying stock markets," Jim Wyckoff, a senior analyst at Kitco Metals Inc., said in a report. "A higher U.S. dollar index today that scored a five-week high also was a negative element for the precious metals markets."

Gold futures traded from a low of $1,326 to a high of $1,338.70. They climbed 0.2% on Wednesday, declined 0.7% on Tuesday and advanced 1.5% on Monday.

Silver for May delivery tacked on 10.1 cents, or 0.6%, to close at $16.355 an ounce. Silver futures ranged from $16.15 to $16.40. The lost 0.8% on Wednesday, dropped 1.7% on Tuesday and surged 2.5% on Monday.

In other precious metals futures prices:

  • July platinum declined $2.80, or 0.3%, to $915.30 an ounce, trading between $910.50 and $922.50.

  • Palladium for June delivery lost $17.80, or 1.9%, to $900.10 an ounce, ranging from $896.30 to $925.65.

LBMA bullion prices are available on the LBMA website with a delay of midnight.

US Mint Bullion Sales in 2018

United States Mint bullion sales were unchanged as of 3:35 p.m. ET. Below is a sales breakdown of U.S. Mint bullion products with columns listing the number of coins sold during varying periods.

US Mint Bullion Sales (# of coins)
Thursday Last Week March This Week / April 2018 Sales
$100 American Eagle 1 Oz Platinum Coin 0 0 0 0 20,000
$50 American Eagle 1 Oz Gold Coin 0 0 2,500 0 43,500
$25 American Eagle 1/2 Oz Gold Coin 0 0 0 0 16,000
$10 American Eagle 1/4 Oz Gold Coin 0 0 0 0 26,000
$5 American Eagle 1/10 Oz Gold Coin 0 0 10,000 0 95,000
$50 American Buffalo 1 Oz Gold Coin 0 0 1,000 0 28,500
$1 American Eagle 1 Oz Silver Coin 0 285,000 915,000 210,000 5,302,500
Pictured Rocks 5 Oz Silver Coin 0 10,000 10,000 0 30,000

 

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