Gold and Silver Rose for Second Session Tuesday, Sept. 17

by CoinNews.net on September 17, 2019 · 0 comments

Fine Gold Bullion 999.9

Gold futures climbed 0.1% on Tuesday, Sept. 17

Precious metals futures tacked on gains Tuesday ranging from 0.1% for gold to 0.6% for silver.

Gold for December delivery added $1.90 to settle at $1,513.40 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the strongest since Friday, Sept. 6.

"Safe-haven demand was featured again today and will likely continue in the near term after the weekend terrorist drone strike that crippled Saudi Arabia’s oil industry," Jim Wyckoff, a senior analyst at Kitco Metals Inc., said in a daily research note.

Gold futures ranged from a low of $1,500.90 to a high of $1,515. They gained 0.8% on Monday.

Silver for December delivery rose 11.4 cents to settle at $18.14 an ounce. Silver futures traded between $17.82 and $18.17. They surged 2.3% on Monday.

In other precious metals futures prices Tuesday:

  • October platinum gained $5, or 0.5%, to $944.20 an ounce, ranging from $930.80 to $946.80.

  • Palladium for December delivery settled up $5.50, or 0.4%, to $1,597.70 an ounce, trading between $1,582.20 and $1,607.40. On Thursday, palladium logged a record settlement at $1,604.80.

London Precious Metals Prices

In comparing earlier fixed London gold and silver prices from Monday PM to Tuesday PM:

  • Gold rose $4.90, or 0.3%, to $1,502.10 an ounce.
  • Silver added a half cent, or 0.03%, to $17.84 an ounce.

LBMA platinum and palladium prices are available on the LBMA’s website with a delay of midnight.

US Mint 2019 Bullion Sales

United States Mint bullion sales increased by 25,000 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. Products with an asterisk (*) are no longer available.

US Mint Bullion Sales (# of coins)
Tuesday / This Week Last Week August September 2019 Sales
$50 American Eagle 1 Oz Gold Coin 0 1,000 5,500 2,500 89,000
$25 American Eagle 1/2 Oz Gold Coin 0 1,000 1,000 1,000 24,000
$10 American Eagle 1/4 Oz Gold Coin 0 2,000 0 2,000 30,000
$5 American Eagle 1/10 Oz Gold Coin 0 5,000 0 5,000 165,000
$50 American Buffalo 1 Oz Gold Coin 0 0 1,500 500 50,000
$1 American Eagle 1 Oz Silver Coin 25,000 675,000 1,007,000 711,000 12,980,000
War in the Pacific 5 Oz Silver Coin 0 2,500 12,500 2,500 72,000
American Memorial Park 5 Oz Silver Coin* 0 0 2,000 0 80,000
Lowell 5 Oz Silver Coin* N/A 80,000
$100 American Eagle 1 Oz Platinum Coin* N/A 40,000

 

Leave a Reply

avatar
  
smilegrinwinkmrgreenneutraltwistedarrowshockunamusedcooleviloopsrazzrollcryeeklolmadsadexclamationquestionideahmmbegwhewchucklesillyenvyshutmouth
  Subscribe  
Notify of