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|