Precious metals futures ended mostly higher Tuesday. Gold and silver each advanced 0.4%. Gold’s gain was its third straight while silver extended its streak of wins to four sessions in a row.
Gold for June delivery gained $5.80 to end at $1,345.90 an ounce on the Comex division of the New York Mercantile Exchange. The settlement is the highest since Monday, April 2.
"The weaker U.S. dollar, which is softer after news from China on lowering trade tariff tensions, is leading to a slight uptick in gold," MarketWatch quoted Jeff Wright, chief investment officer at Wolfpack Capital.
Gold futures traded from a low of $1,334.20 to a high of $1,346.20. They moved up 0.3% on Monday.
Silver for May delivery rose 6.7 cents to settle at $16.596 an ounce. Silver futures ranged from $16.41 to $16.64. They gained 1% on Monday.
In rounding out precious metals futures prices:
July platinum declined $6.30, or 0.7%, to settle at $933.10 an ounce, trading between $928 and $940.40.
- Palladium for June delivery tacked on $17.25, or 1.9%, to $949.75 an ounce, ranging from $924.60 to $954.80.
London Precious Metals Prices
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 grew by 75,000 ounces in American Silver Eagles. 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)|
|Tuesday / This Week||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|
|$1 American Eagle 1 Oz Silver Coin||75,000||210,000||915,000||285,000||5,377,500|
|Pictured Rocks 5 Oz Silver Coin||0||0||10,000||0||30,000|
This article was edited to include updated U.S. Mint bullion figures.
I would be interested to know – how much of the gold bullion produced annually is made with recycled gold? does anyone know
Foolish as it may seem, but are *most in cahoots! Just a bunch of insider trading, with *most of the big wigs around round the world, running the metal & stock market! Seem to *me,that at time you should do the *obverse of what we read, are *some pretty much are shore to have a cash win fall most days than not! The not* days are just to make it look good, but they always come out on top at months end. 😉
Joe Brown & Mouse,
And with the way things are and have from the beginning been purposely designed and effectively structured in the now more than ever divisive kleptocratic oligarchy known as the U$A, otherwise described as One Percent Nation, the “always coming out at the the top crowd” isn’t going anywhere soon.
How about that, old buddy, a -3 for you and a matching -3 for me; looks like now it’s The Three Stuttering Stooges.
Should I be envious of your “-7” vote, or should I just chalk it up to a Hydra of Seven Stooges poking its pointy heads out of its cesspool.
-9? MINUS NINE? Goodness, looks like way too many bad little boys have been pouting in their basements because angry mommies haven’t brought cookies and milk down. My oh my. 🙁