Gold ended slightly ahead on Thursday while silver, platinum and palladium declined. Gold’s gain was its fourth in five sessions.
Gold for December delivery added $4.20, or 0.2%, to settle at $1,795.20 an ounce on the Comex division of the New York Mercantile Exchange.
"Gold prices are modestly higher in midday U.S. trading, on some safe-haven demand and bulls taking advantage of the earlier dip in prices to do some bargain hunting," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.
Gold futures ranged from a low of $1,781.30 to a high of $1,800.40. They declined 1% on Wednesday, they edged 0.1% higher on Tuesday, for their highest settlement since Aug. 5, and they rose 1.3% on Monday.
Silver for September delivery fell 22.50 cents, or 1%, to settle at $23.55 an ounce. Silver futures traded between $23.44 and $23.90. They shed 0.5% on Wednesday, they climbed 1% on Tuesday, and they gained 2.4% on Monday.
In other precious metals futures prices Thursday:
October platinum declined $18, or 1.8%, to $975.50 an ounce, ranging from $976 to $995.70.
- Palladium for September delivery fell $42.40, or 1.7%, to $2,388.30 an ounce, trading between $2,352 and $2,427.
US Mint Bullion Sales in 2021
Published United States Mint bullion sales were unchanged Thursday. 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)|
|Thursday||Last Week||This Week||June||July||August||2021 Sales|
|$50 American Eagle 1 Oz Gold Coin||0||28,000||12,000||158,000||49,500||95,500||729,500|
|$25 American Eagle 1/2 Oz Gold Coin||0||21,000||0||15,000||10,000||21,000||77,000|
|$10 American Eagle 1/4 Oz Gold Coin||0||0||6,000||30,000||0||6,000||92,000|
|$5 American Eagle 1/10 Oz Gold Coin||0||10,000||10,000||90,000||40,000||50,000||330,000|
|$50 American Buffalo 1 Oz Gold Coin||0||2,000||4,500||27,500||14,500||23,000||231,000|
|$1 American Eagle 1 Oz Silver Coin||0||824,000||740,000||2,800,000||3,104,000||3,145,000||22,155,500|
|$100 American Eagle 1 Oz Platinum Coin||0||0||0||0||0||0||75,000|
|Tuskegee Airmen 5 oz Silver Coin||0||0||0||0||0||0||52,900|