Platinum declined on Monday while gold, silver and palladium gained. Palladium rallied 2.4%. Increases in gold and silver were slight.
Gold for August delivery rose $2.90, or 0.2%, to settle at $1,780.70 an ounce on the Comex division of the New York Mercantile Exchange.
"If we see gold rally back above $1,800 this week ahead of Friday’s jobs numbers, that might be a good place for gold bulls to exit some long positions," Michael Armbruster, managing partner at Altavest, told MarketWatch.
Gold futures ranged from a low of $1,770.40 to a high of $1,786.10. They climbed 0.5% last week.
Silver for July delivery added 13.6 cents, or 0.5%, to settle at $26.223 an ounce. Silver futures traded between $25.84 and $26.30. Like for gold, silver prices edged 0.5% higher last week.
In other precious metal prices on Monday:
July platinum declined $6, or 0.5%, to $1,097.60 an ounce, ranging from $1,090.90 to $1,113.70.
- Palladium for September delivery gained $62.60 to $2,699.40 an ounce, trading between $2,630 and $2,704.50.
Last week platinum surged 6% and palladium jumped 6.8%.
US Mint Bullion Sales in 2021
United States Mint published no bullion sales on Monday. 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)|
|Monday / 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|