Precious metals changed little Wednesday with platinum falling slightly and gold, silver and palladium rising modestly. Gold ended the day near a five-month high.

Gold for August delivery rose $4.90, or 0.3%, to settle at $1,909.90 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.

"The technical postures for both metals [gold and silver] remain fully bullish amid price uptrends in place on the daily bar charts," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.

Gold futures ranged from a low of $1,896.40 to a high of $1,911.60. They edged 0.02% lower in their start to the shortened-trading week on Tuesday.

Silver for July delivery added 10.2 cents, or 0.4%, to close at $28.204 an ounce. Silver futures traded between $27.76 and $28.27. They gained 0.3% on Tuesday.

In PGM futures on Wednesday:

  • July platinum declined $7, or 0.6%, to $1,192.70 an ounce, ranging from $1,179.40 to $1,199.10.

  • Palladium for September delivery added $5.40, or 0.2%, to $2,868.60 an ounce, trading between $2,835.50 and $2,875.50.

US Mint Bullion Sales in 2021

Published United States Mint bullion sales were unchanged Wednesday. 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)
Wednesday / June Last Week February Sales March Sales April Sales May 2021 Sales
$50 American Eagle 1 Oz Gold Coin 0 2,000 121,000 55,500 38,500 20,500 426,500
$25 American Eagle 1/2 Oz Gold Coin 0 0 9,000 0 0 0 31,000
$10 American Eagle 1/4 Oz Gold Coin 0 0 0 20,000 0 0 56,000
$5 American Eagle 1/10 Oz Gold Coin 0 0 0 55,000 0 0 150,000
$50 American Buffalo 1 Oz Gold Coin 0 13,000 16,000 33,500 11,000 44,000 166,000
$1 American Eagle 1 Oz Silver Coin 0 0 3,191,500 4,087,000 1,053,000 0 13,106,500
$100 American Eagle 1 Oz Platinum Coin 0 13,600 N/A 35,000 0 40,000 75,000
Tuskegee Airmen 5 oz Silver Coin 0 0 N/A N/A 50,000 2,900 52,900
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Kaiser Wilhelm

This is a great spot to be in if you already have a lot of gold coins ensconced in your collection. It’s not nearly as rosy a scenario if you’re currently looking for more gold coins to fill it with. “There are two sides to every coin”; an old adage that fits rather aptly here.

Mark D.

But there are at least 3 sides to a coin, front side, back side and edge side,…also inside, homocide, suicide, patricide, matracide, pesticide, insecticide, and…dare I say it…REGICIDE!!!

Kaiser Wilhelm

That sure makes coins and humans sound all too similar. We have a front we show to the world, we have a backside a lot of people would love to kick, and we can have quite an edge when we are disgruntled.

Kaiser Wilhelm

And Caligula was overheard boasting, “Ate two, Marce.”

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Last edited 3 months ago by Kaiser Wilhelm