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:
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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 |
