Gold gained again Thursday, registering its sixth consecutive increase and another four-and-a-half-month high.
Gold for June delivery inched up 40 cents, or 0.02%, to end at $1,881.90 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since Jan. 7 when gold ended at $1,913.60 an ounce.
"Gold and silver prices are slightly up in midday U.S. trading Thursday, as bullish traders stepped in to buy the earlier dip in prices. The technical charts remain firmly tilted in favor of the gold and silver market bulls," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.
Gold futures ranged from a low of $1,864.20 to a high of $1,885.30. They climbed 0.7% on Wednesday, they edged up 0.02% on Tuesday, and they gained 1.6% on Monday.
Silver for May delivery added 4.2 cents, or 0.2%, to finish at $28.067 an ounce. Silver futures traded between $27.49 and $28.13. They fell 1.1% on Wednesday, they rose 0.2% on Tuesday, for their best finish since Feb. 1, and they soared 3.3% on Monday.
In other precious metals prices Thursday:
-
July platinum gained $3.40, or 0.3%, to $1,205 an ounce, ranging from $1,189.40 to $1,213.10.
- Palladium for June delivery fell $14.60, or 0.5%, to $2,870.20 an ounce, trading between $2,848.50 and $2,898.
US Mint Bullion Sales in 2021
Published United States Mint bullion sales were unchanged Thursday. 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 / May | February Sales | March Sales | April Sales | 2021 Sales | |
| $50 American Eagle 1 Oz Gold Coin | 0 | 0 | 18,500 | 121,000 | 55,500 | 38,500 | 424,500 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 0 | 0 | 9,000 | 0 | 0 | 31,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 0 | 0 | 0 | 20,000 | 0 | 56,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 0 | 0 | 0 | 55,000 | 0 | 150,000 |
| $50 American Buffalo 1 Oz Gold Coin | 0 | 0 | 31,000 | 16,000 | 33,500 | 11,000 | 153,000 |
| $1 American Eagle 1 Oz Silver Coin | 0 | 0 | 0 | 3,191,500 | 4,087,000 | 1,053,000 | 13,106,500 |
| $100 American Eagle 1 Oz Platinum Coin | 0 | 0 | 26,400 | N/A | 35,000 | 0 | 61,400 |
| Tuskegee Airmen 5 oz Silver Coin | 0 | 0 | 2,900 | N/A | N/A | 50,000 | 52,900 |
