Gold and silver extended their gains Wednesday to three straight days. Palladium also closed higher, its second win in a row.
Gold for December delivery added $4.30, or 0.2%, to settle at $1,970.50 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since Sept. 1.
Gold futures ranged from a low of $1,957.20 to a high of $1,983.80. They edged up 0.1% on Tuesday and they gained 0.8% on Monday.
Silver for December delivery rose 1.2 cents, or 0.04%, to close at $27.476 an ounce. Like for gold, the close was also the highest since Sept. 1. Silver futures traded between $27.20 and $27.71. They finished up 0.4% on Tuesday and they moved up 1.9% on Monday.
In PGM futures on Wednesday:
October platinum fell $8.70, or 0.9%, to $973.50 an ounce, ranging from $970.60 to $989.50.
- Palladium for December delivery added $3.10, or 0.1%, to $2,417.60 an ounce, trading between $2,378.10 and $2,438.
London Precious Metals Prices (LBMA)
In comparing earlier fixed London gold and silver prices from Tuesday PM to Wednesday PM:
- Gold rose $12.45, or 0.6%, to $1,961.80 an ounce.
- Silver declined 16.5 cents, or 0.6%, to $27.38 an ounce.
US Mint Bullion Sales in 2020
The United States Mint bullion sales were unchanged Wednesday. 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)|
|Wednesday||Last Week||This Week||July||August||September||2020 Sales|
|$50 American Eagle 1 Oz Gold Coin||0||1,500||2,000||107,500||104,000||3,500||542,500|
|$25 American Eagle 1/2 Oz Gold Coin||0||1,000||0||4,000||10,000||1,000||56,000|
|$10 American Eagle 1/4 Oz Gold Coin||0||2,000||0||10,000||20,000||2,000||86,000|
|$5 American Eagle 1/10 Oz Gold Coin||0||10,000||0||35,000||70,000||10,000||290,000|
|$50 American Buffalo 1 Oz Gold Coin||0||500||1,000||30,000||28,000||1,500||185,500|
|$1 American Eagle 1 Oz Silver Coin||0||1,000,000||331,000||1,084,500||4,477,000||1,331,000||19,509,000|
|America Samoa 5 oz Silver Coin*||0||0||0||0||0||0||45,000|
|Weir Farm 5 oz Silver Coin*||0||0||0||0||0||0||45,000|
|Salt River Bay 5 oz Silver Coin*||0||0||0||0||0||0||45,000|
|Marsh Billings 5 oz Silver Coin*||0||0||0||45,000||0||0||45,000|
|$1 American Eagle 1 Oz Platinum Coin*||0||0||0||0||0||0||56,500|