Silver, platinum and palladium advanced Thursday while gold declined, although modestly. Silver’s gain was its fourth straight.
Gold for February delivery dipped $3.50, or 0.2%, to settle at $1,851.40 an ounce on the Comex division of the New York Mercantile Exchange.
Gold futures ranged from a low of $1,826.60 to a high of $1,857.60. They added 0.6% on Wednesday, they gave back 0.4% on Tuesday, and they rose 0.8% on Monday.
Silver for March delivery gained 23 cents, or 0.9%, to settle at $25.802 an ounce. Silver futures traded between $25.09 and $25.99. They edged 0.5% higher on Wednesday, they picked up 0.6% on Tuesday and they surged 2.6% on Monday.
In other precious metals futures prices Thursday:
April platinum advanced $15.70, or 1.4%, to $1,126.40 an ounce, ranging from $1,101 to $1,130.
- Palladium for March delivery tacked on $26.20, or 1.1%, to $2,423.30 an ounce, trading between $2,373.50 and $2,428.
London Precious Metals Prices (LBMA)
In comparing earlier fixed London gold and silver prices from Wednesday PM to Thursday PM:
- Gold fell $17.10, or 0.9%, to $1,841.75 an ounce.
- Silver shed 8.5 cents, or 0.3%, to $25.25 an ounce.
US Mint Bullion Sales in 2021
United States Mint bullion sales increased Wednesday by 28,000 ounces in American Gold 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)|
|Thursday||Last Week||This Week||December||2020 Sales||2021 Sales|
|$50 American Eagle 1 Oz Gold Coin||28,000||43,500||72,500||48,500||747,500||116,000|
|$25 American Eagle 1/2 Oz Gold Coin||0||17,000||0||2,000||70,000||17,000|
|$10 American Eagle 1/4 Oz Gold Coin||0||22,000||6,000||0||106,000||28,000|
|$5 American Eagle 1/10 Oz Gold Coin||0||60,000||35,000||0||350,000||95,000|
|$50 American Buffalo 1 Oz Gold Coin||0||20,500||6,000||10,500||242,000||26,500|
|$1 American Eagle 1 Oz Silver Coin||0||2,800,000||1,875,000||751,000||30,089,500||4,675,000|
|America Samoa 5 oz Silver Coin*||0||0||0||0||45,000||0|
|Weir Farm 5 oz Silver Coin*||0||0||0||0||45,000||0|
|Salt River Bay 5 oz Silver Coin*||0||0||0||0||45,000||0|
|Marsh Billings 5 oz Silver Coin*||0||0||0||0||45,000||0|
|Tallgrass Prairie 5 oz Silver Coin*||0||0||0||0||45,000||0|
|$1 American Eagle 1 Oz Platinum Coin*||0||0||0||0||56,500||0|