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:
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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 |
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!!!