Gold and Silver Dip Slightly, Marking First Loss in Four Sessions

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In precious metals trading on Tuesday, palladium was alone in gaining. The others dipped slightly. Losses for gold and silver were their first in four sessions. Platinum’s decline was its second in a row.

Gold for December delivery shed $6.70, or 0.4%, to settle at $1,760.90 an ounce on the Comex division of the New York Mercantile Exchange.

Gold and silver prices are down in midday U.S. trading Tuesday, amid solid rebounds in the U.S. stock indexes after they saw selling pressure Monday. A firmer U.S. dollar index and rising U.S. Treasury yields today are also negatives for the metals markets,” Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.

Gold futures ranged from a low of $1,752.80 to a high of $1,771.10. They rose 0.5% on Monday.

Silver for December delivery declined 3.6 cents, or 0.2%, to close at $22.608 an ounce. Silver futures traded between $22.40 and $22.73. They climbed 0.5% on Monday.

In other precious metal futures prices Tuesday:

  • January platinum lost $1.80, or 0.2%, to $959.80 an ounce, ranging from $945 to $965.90.

  • Palladium for December delivery added $24.40, or 1.3%, to $1,899.40 an ounce, trading between $1,872.50 and $1,912.

US Mint Bullion Sales in 2021

Published United States Mint bullion sales increased Tuesday by 104,000 ounces in American Silver Eagles and a combined 8,000 ounces in American Gold Eagles.

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 Last Week August September This Week / Oct. 2021 Sales
$50 American Eagle 1 Oz Gold Coin 7,000 0 112,000 67,500 66,500 880,000
$25 American Eagle 1/2 Oz Gold Coin 0 0 21,000 4,000 0 81,000
$10 American Eagle 1/4 Oz Gold Coin 0 0 34,000 8,000 0 128,000
$5 American Eagle 1/10 Oz Gold Coin 10,000 0 50,000 35,000 15,000 380,000
$50 American Buffalo 1 Oz Gold Coin 0 0 27,500 24,000 12,500 272,000
$1 American Eagle 1 Oz Silver Coin 104,000 0 3,930,000 2,735,000 500,000 26,175,500
$100 American Eagle 1 Oz Platinum Coin 0 0 0 0 0 75,000
Tuskegee Airmen 5 oz Silver Coin 0 0 0 0 0 52,900

 

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SENZA

Hello! Is anyone out there from the US Mint? Can you please tell me where are the Morgans and Peace Dollars?

THANK YOU SO MUCH FOR EVERYTHING YOU DO AT THE US MINT = NOT

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Kaiser Wilhelm

Hopefully those ducats aren’t hanging out with the unicorns and the dodo bird.

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Mammoth

Kaiser, that was the funniest cartoon you’ve posted here.
Not coin-related, but have you ever watched the movie “Drop-Dead Fred?” It’s about an adult woman whose childhood imaginary friend pays her a visit. Hilarious film?