Precious metals divided Thursday with gold and silver rising slightly and platinum and palladium falling modestly. Gold’s gain was enough to establish a six-week settlement high.
Gold for February delivery tacked on $8.30, or 0.5%, to settle at $1,814.10 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since Nov. 19 when gold ended at $1,851.60 an ounce.
"We’re in an extremely low-volume holiday-type trading. I think gold is comfortable right around either side of $1,800," Reuters quoted Phillip Streible, chief market strategist at Blue Line Futures in Chicago.
Gold futures traded between $1,796.20 and $1,815.30. They shed 0.3% on Wednesday, they rose 0.1% on Tuesday, and they dipped 0.2% on Monday.
Silver for March delivery rose 20.2 cents, or 0.9%, to close at $23.06 an ounce. Silver prices ranged from $22.63 to $23.15. They fell 1.1% on Wednesday, they gained 0.6% on Tuesday, for their highest settlement since Nov. 24, and they edged 0.2% higher on Monday.
In other precious metals futures prices on Thursday:
April platinum lost $5.40, or 0.6%, to $964.60 an ounce, trading between $958 and $973.40.
- Palladium for March delivery dipped $3.80, or 0.2%, to $1,983.20 an ounce, ranging from $1,949.50 to $2,017.50.
US Mint Bullion Sales in 2021
Published United States Mint bullion sales were unchanged on Thursday. 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)|
|Thursday / This Week||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|