Precious metals futures advanced on Monday with gains ranging from 0.3% for gold to 4.2% for palladium.
Gold for June delivery added $4 to close at $1,340.10 an ounce on the Comex division of the New York Mercantile Exchange. The settlement is the highest since Wednesday, April 4.
"The precious metals saw modest support from a weaker U.S. dollar index on this day," Kitco News reported. "Buyers of the safe-haven metals were squelched by a solid rally in the U.S. stock market today."
Gold futures traded from a low of $1,330.10 to a high of $1,341.50. They rose 0.7% last week.
Meanwhile, silver for May delivery tacked on 16.7 cents, or 1%, to settle at $16.529 an ounce. Silver futures ranged from $16.29 to $16.54. They rose 0.6% last week.
In other precious metals futures prices on Monday:
July platinum advanced $21.90, or 2.4%, to settle at $939.40 an ounce, trading between $920 and $940.50.
- Palladium for June delivery jumped $37.35 to $932.50 an ounce, ranging from $895.85 to $934.
Last week, the two posted respective losses of 1.6% and 5.2%.
London Precious Metals Prices
LBMA bullion prices are available on the LBMA website with a delay of midnight.
Last week in LBMA metal prices, gold rose 0.6% to $1,331.20 an ounce, silver was virtually flat with a half-penny loss at $16.275 an ounce, platinum shed 2.7% to $911 an ounce and palladium plunged 6.3% to $909 an ounce.
US Mint Bullion Sales in 2018
United States Mint bullion sales were unchanged as of 2:58 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)|
|Monday||Last Week||March||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||210,000||915,000||210,000||5,302,500|
|Pictured Rocks 5 Oz Silver Coin||0||0||10,000||0||30,000|