Silver finished Monday at a more than four-week high while gold, platinum and palladium declined.
Gold for February delivery shed $2.90, or 0.2%, to settle at $1,808.80 an ounce on the Comex division of the New York Mercantile Exchange.
Gold futures traded between $1,803.60 and $1,814.60. They rose 0.4% last week, ending Friday at their highest point since Nov. 19.
"Technically, February gold futures bulls have the overall near-term technical advantage. Bulls’ next upside price objective is to produce a close above solid resistance at $1,840.00. Bears’ next near-term downside price objective is pushing futures prices below solid technical support at $1,775.00," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.
Silver for March delivery added 4.9 cents, or 0.2%, to close at $22.989 an ounce. The settlement was the highest since Nov. 26 when silver ended at $23.107 an ounce. Silver prices ranged from a low of $22.65 to a high of $23.15. They gained 1.8% last week.
In other precious metals futures prices on Monday:
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January platinum shed $5.90, or 0.6%, to $969.20 an ounce, trading between $951.30 and $977.30.
- Palladium for March delivery declined $10.40, or 0.5%, to $1,946.50 an ounce, ranging from $1,934.50 to $1,998.50.
Last week platinum advanced 4.3% and palladium soared 9.6%.
US Mint Bullion Sales in 2021
Published United States Mint bullion sales were unchanged on Monday. Below is a sales breakdown of U.S. Mint bullion products with columns listing the number of coins sold during varying periods. Products with an asterisk (*) are no longer available.
| US Mint Bullion Sales (# of coins) | ||||||
|---|---|---|---|---|---|---|
| Monday | Last Week | October | November | December | 2021 Sales | |
| $50 American Eagle 1 Oz Gold Coin | 0 | 0 | 135,500 | 125,500 | 41,000 | 1,115,500 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 0 | 7,000 | 6,000 | 1,000 | 95,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 0 | 22,000 | 10,000 | 2,000 | 162,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 0 | 85,000 | 40,000 | 0 | 490,000 |
| $50 American Buffalo 1 Oz Gold Coin | 0 | 0 | 41,000 | 39,500 | 10,500 | 350,500 |
| $1 American Eagle 1 Oz Silver Coin* | 0 | 0 | 1,076,000 | 1,523,500 | 0 | 28,275,000 |
| $100 American Eagle 1 Oz Platinum Coin* | 0 | 0 | 0 | 0 | 0 | 75,000 |
| $25 American Eagle 1 Oz Palladium Coin* | 0 | 0 | 0 | 8,700 | 0 | 8,700 |
| Tuskegee Airmen 5 oz Silver Coin* | 0 | 0 | 0 | 0 | 0 | 52,900 |
