Gold, silver and platinum posted modest gains on Monday. Palladium, meanwhile, soared for another record.
Gold for June delivery rose $2.30, or 0.1%, to settle at $1,780.10 an ounce on the Comex division of the New York Mercantile Exchange.
"Gold and silver prices are slightly up in two-sided trading at midday Monday, on some more chart consolidation after recent gains. Bulls in both metals are still enjoying near-term price uptrends on the daily charts, suggesting the path of least resistance for prices will remain sideways to higher," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.
Gold futures ranged from a low of $1,768.20 to high of $1,783.10. They dipped 0.1% last week.
Silver for May delivery added 13.4 cents, or 0.5%, to settle at $26.209 an ounce. Silver futures traded between $25.89 and $26.26. They shed 0.1% last week.
In other precious metals futures prices Monday:
July platinum picked up $12.10, or 1%, to $1,245.20 an ounce, ranging from $1,230.50 to $1,253.80.
- Palladium for June delivery jumped $52.30, or 1.8%, to a record settlement of $2,909.30 an ounce. Palladium prices traded between $2,843.50 and $2,950.
Last week platinum rose 2% and palladium gained 3%.
US Mint Bullion Sales in 2021
United States Mint bullion sales increased Monday by 3,500 ounces in gold coins. 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)|
|Monday||Last Week||February Sales||March Sales||April Sales||2021 Sales|
|$50 American Eagle 1 Oz Gold Coin||2,500||11,500||121,000||55,500||33,500||401,000|
|$25 American Eagle 1/2 Oz Gold Coin||0||0||9,000||0||0||31,000|
|$10 American Eagle 1/4 Oz Gold Coin||0||0||0||20,000||0||56,000|
|$5 American Eagle 1/10 Oz Gold Coin||0||0||0||55,000||0||150,000|
|$50 American Buffalo 1 Oz Gold Coin||1,000||500||16,000||33,500||10,000||121,000|
|$1 American Eagle 1 Oz Silver Coin||0||0||3,191,500||4,087,000||1,053,000||13,106,500|
|$100 American Eagle 1 Oz Platinum Coin||0||0||N/A||35,000||0||35,000|
|Tuskegee Airmen 5 oz Silver Coin||0||0||N/A||N/A||50,000||50,000|
|$1 American Eagle 1 Oz Platinum Coin*||0||0||0||0||0||0|