Platinum and palladium climbed for a second straight day Tuesday while gold and silver declined slightly. Gold’s loss was its third in four sessions.
Gold for August delivery gave back $5.50, or 0.3%, to settle at $1,777.40 an ounce on the Comex division of the New York Mercantile Exchange.
"Technically, August gold futures bears have the overall near-term technical advantage. A three-week-old price downtrend is in place on the daily bar chart. Bulls’ next upside price objective is to produce a close above solid resistance at $1,826.40. Bears’ next near-term downside price objective is pushing futures prices below solid technical support at $1,700.00," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.
Gold futures ranged from a low of $1,771.20 to a high of $1,790.10. They rose 0.8% on Monday.
Silver for July delivery shed 16.8 cents, or 0.7%, to $25.857 an ounce. Silver futures traded between $25.73 and $26.09. They edged up 0.2% on Monday.
In other precious metals futures prices on Tuesday:
July platinum added $19.60, or 1.9%, to $1,070.20 an ounce, ranging from $1,049.50 to $1,072.80.
- Palladium for September delivery inched up 60 cents, or 0.02%, to $2,558.90 an ounce, trading between $2,535 and $2,607.
US Mint Bullion Sales in 2021
The United States Mint published no bullion sales on Tuesday. Below is a sales breakdown of U.S. Mint bullion products with columns listing the number of coins sold during varying periods.
|US Mint Bullion Sales (# of coins)|
|Tuesday / This Week||Last Week||March Sales||April Sales||May||June||2021 Sales|
|$50 American Eagle 1 Oz Gold Coin||0||0||55,500||38,500||20,500||4,000||430,500|
|$25 American Eagle 1/2 Oz Gold Coin||0||0||0||0||0||0||31,000|
|$10 American Eagle 1/4 Oz Gold Coin||0||0||20,000||0||0||0||56,000|
|$5 American Eagle 1/10 Oz Gold Coin||0||0||55,000||0||0||0||150,000|
|$50 American Buffalo 1 Oz Gold Coin||0||0||33,500||11,000||44,000||7,000||173,000|
|$1 American Eagle 1 Oz Silver Coin||0||0||4,087,000||1,053,000||0||0||13,106,500|
|$100 American Eagle 1 Oz Platinum Coin||0||0||35,000||0||40,000||0||75,000|
|Tuskegee Airmen 5 oz Silver Coin||0||0||N/A||50,000||2,900||0||52,900|