Gold Scores Sixth Straight Increase

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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
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Charlie

All you folks that may be stressing about the upcoming PRESALE monday you neednt fret. There are thousands of them at NGC being slabbed this weekend. I just imagine the 18 preferred dealers were lined up in Memphis this morning ready to load up and skeedaddle to Florida to make the blue arrow deadline. So if you get shut out trying to get 1 or both of the privy marked Morgans just tune in to the Coin Vault, HSN, CSN, Steve and Don, Rick Tomaska, or the Chopper Monday evening. You can still be a part of numismatic history by… Read more »

Kaiser Wilhelm

Oh boy, Charlie, you really know how to cheer a fellow collector – excuse me, CoinVester – up. I’m just going to lie motionless on the floor here with my obviously far under the radar 1933 St. Gaudens $20 Gold American Double Eagle in my mouth waiting for Charon to take his fare and row me away from my ongoing Mint manufactured misery. Bye now.

Mark D.

You’ll also need honey cakes for Cerebus who, by the way, requires TWO coins and prefers Drachma.

Kaiser Wilhelm

I don’t fancy a multi-headed, hungry and greedy dog. Back to the kennel!

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Last edited 11 days ago by Kaiser Wilhelm
sam tweedy

Don’t worry!! Mike Mezack will have plenty of “PHONY” Morgan and Peace Dollars to sell you. What a waste of money!!!

Kaiser Wilhelm

You could always have some fun tipping the dancers with those at a gentlemen’s club.

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Last edited 11 days ago by Kaiser Wilhelm