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|