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|