Most precious metals declined on Friday, and they all posted weekly losses — led by palladium. Gold slipped the least on the week and was poised for a weekly gain until the day’s drop.
On Friday, gold for June delivery fell $30.30, or 1.6%, to settle at $1,923.70 an ounce on the Comex division of the New York Mercantile Exchange — its lowest finish since Tuesday.
Gold prices lost 1.6% this week after rising 1.3% last week. On Thursday, the yellow metal marked increases of 2.8% for March and 6.9% for the first quarter. Gold is 5.2% higher on the year to date.
In looking ahead to next week, Kitco News offers the following forecasts via their Wall Street & Main Street surveys:
"This week, 18 Wall Street analysts participated in Kitco News’ gold survey. Among the participants, five analysts, or 28%, called for gold prices to rise next week. At the same time, ten analysts, or 56%, were bearish on gold in the near term, and three analysts, or 17%, were neutral on prices.
Meanwhile, 604 votes were cast in an online Main Street poll. Of these, 336 respondents, or 56%, looked for gold to rise next week. Another 170, or 28%, said lower, while 98 voters, or 16%, were neutral in the near term."
Elsewhere, silver for May delivery dropped 47.9 cents, or 1.9%, to close at $24.654 an ounce. The settlement was the lowest since March 16.
Silver tumbled 3.8% this week after climbing 2.1% last week. On Thursday, silver prices scored gains of 3.2% for March and 7.6% for the first quarter. They are 5.6% higher on the year.
In PGM futures on Friday and for the week:
-
July platinum shed $7.20, or 0.7%, to end at $988.60 an ounce, for a 2% weekly loss.
- Palladium for June delivery added $11.90, or 0.5%, to end at $2,267.50 an ounce, but sank 5.3% on the week.
Both are higher on the year so far with pick ups of 2.3% for platinum and 18.6% for palladium.
US Mint Bullion Sales in 2022
Weekly sales of United States Mint bullion products slowed for gold coins and stalled for silver and platinum coins. In week-over-week comparisons:
- American Gold Eagles rose 20,500 ounces against 58,000 ounces
- American Gold Buffalos climbed 11,000 ounces compared to 26,500 ounces
- American Silver Eagles were flat against 480,500 ounces
- American Platinum Eagles were flat compared to 3,000 ounces
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) | |||||||
|---|---|---|---|---|---|---|---|
| Friday | Last Week | This Week | January | February | March | 2022 Sales | |
| $50 American Eagle 1 Oz Gold Coin | 0 | 52,500 | 19,000 | 123,500 | 86,000 | 140,500 | 350,000 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 3,000 | 1,000 | 45,000 | 0 | 5,000 | 50,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 6,000 | 2,000 | 64,000 | 4,000 | 20,000 | 88,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 25,000 | 5,000 | 195,000 | 25,000 | 75,000 | 295,000 |
| $50 American Buffalo 1 Oz Gold Coin | 0 | 26,500 | 11,000 | 61,500 | 28,500 | 64,500 | 154,500 |
| $1 American Eagle 1 Oz Silver Coin | 0 | 480,500 | 0 | 5,001,000 | 1,500,000 | 1,080,500 | 7,581,500 |
| $100 American Eagle 1 Oz Platinum Coin | 0 | 3,000 | 0 | N/A | 25,800 | 14,200 | 40,000 |
| $25 American Eagle 1 Oz Palladium Coin | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tuskegee Airmen 5 oz Silver Coin | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
HAPPY BIRTHDAY THE US MINT CELEBRATES 230 YEARS OF MAKING US MISERABLE APRIL 2
This also makes me the First On Thread to talk to myself first at the same time
It’s kinda scary being trapped in this thread all alone
Hellos is there anybody out there https://www.youtube.com/watch?v=LTseTg48568
HELP Anyone
That’s telling yourself! Congratulations, SENA (again)! This is the only Mint Set you haven’t won yet and its a nice addition to the Happy Birthday Set, Born in the United States of America, Birth Set.
Thanks Rich,
It was really getting claustrophobic in here all alone – now run for your life
I was recently lecturing some Prepper’s about the Civil War that’s inevitable between the Legal and Illegal population of America – And what can be said or done about people who reproduce and have no other skill set. https://www.youtube.com/watch?v=wrZkHKANrNw
I think I know what you mean; it’s a miracle that while fighting a war with Russia that Ukraine can still keep all of it’s Florida Strip Clubs running without interruption
Senza,
Damn, do they have Florida Strip Clubs in Ukraine? I’m going there right now!
Joe Bidens Ukranian Mafia aka NATO owns many strip clubs in America and have a strong preference to Florida because it’s easier to deal directly with the Head Pedophile Trump.
Of all the Strip Clubs and Strippers look what they idolized
Joe Bidens Ukranian Mafia aka NATO owns many strip clubs in America and have a strong preference to Florida because it’s easier to deal directly with the Head Pedophile Trump.
Of all the Strip Clubs and Strippers look what they idolized and how many drinks does it take to make that look good
Just One question WTF is NATO while Russia is destroying Ukraine?
The Strip Club will never be the same….
Did you know there is a significant number of coin collector’s whom refuse to buy any coin with Grandma on it?
I know this because I’m one of them!
In fact, a study was conducted resulting in the recommendation to produce coins without Grandma;
The findings indicated I’m not the only one who refuses to spend money on coinage featuring “Grandma” and the Coin Mafia now realize “Grandma” is hurting their business.
American Government needed someone to replace their friend (while it’s convenient) Saddam and Zelensky is the next puppet – look how well that worked out for the people of Ukraine.
When I look at Mrs. Zelensky I can’t help but remember how Barbara Bush was often mistaken to be George H W Bush’ Mother when in fact she was his wife. Not to mention how many times she was assumed to actually be a man.
Your talking to yourself again! But, this is how they explain it to 1st Graders “Joe Biden and NATO in Ukraine aiming Rockets at Russia is like Russia entering Mexico and Canada to aim Rockets at America.
He’s going to need an Ocean he is cruising around in this these days – he can really stretch that Presidential salary
Like I said before where the F is NATO oh wait I know asking Joe Biden to print American Tax Payer Dollars to pay for their membership in this invisible club
If you think 99% of our population is legal, you don’t live in the U.S.!
Geez Larry T., he is only off by around 3%. Anyone off by less than 10% did a pretty good job estimating in my book. Go after the employers that keep hiring undocumented immigrants if you want to stop them from coming. If they cannot get a job here they will not be able to afford to stay here.
Jeff,
Do you really think it’s the employers paying for these illegals? If that were the case we wouldn’t have 11million open jobs available as of this past month. How do they afford to stay here? Look no further than your government. By the way, most people think the 11,000,000 illegal figure is pure BS. I’ve heard it to be more like 30,000,000 plus.
Kaiser, if those criminals were not here taking those shitty jobs – those criminal companies would have to pay legal Americans livable wages to do those jobs and that is how it’s is supposed to work.
or they could just ship them overseas.
Kaiser,
Of course they hold the lowest paying jobs. Do you see any individuals illegally crossing the border that looks like they have more than a 2nd grade education? If you want to let any of them perform surgery on you, go for it. I didn’t realize our biggest growth sectors involves the sales of tacos and burritos.
You/re off your medication again. Am I right or am I right? Thank God, or whomever you worship, for Lord Biden. He is after all the one who is healing the ‘soul of America’,right? And he’s doing a wonderful job of it, I can’t think of a single problem out there now. It’s like nirvana in the U.S.A.!
Thanks for answering this one for me (and the rest of your posts, too), Kaiser Wilhelm. Nice job mentioning “red” states take in more in Federal subsidies than the “blue” states. It has been that way for a long time, too. Larry–I would also like to add that Trump managed to cut documented immigration substantially during his one chaotic term, so a fairly large portion (I do not know the official figure. I believe I read as high as a 40% reduction in one article, though I think that was in regard to foreigners coming here to go to college)… Read more »
Absolutely and Joe is hosting nightly border crossings
Sounds like the Immigrant Song
They built the indestructible Miami Condo’s and Twin Towers Some even said they felt safe https://www.youtube.com/watch?v=JTDZ5O5lH_0
I don’t care about Ukraine I’m from America and I care about America and Illegals working in my neighborhood – just so there is no further confusion.
As I have mentioned your TOTAL MISUNDERSTANDING or failure to differentiate Illegals from Immigrants has sent this thread into many directions it didn’t really need to go- just saying……..
Hi Rich,
Back in my youth, there were only two sides–Black Sabbath or Led Zeppelin. I was, and still am, standing with Sabbath.
Same here, Jeff. Definitely no losers on either one of those two sides. Both bands are the gold standard of their era.
I think we opened a can of worms here
I’ll just leave it at this
I googled funniest coin in the world and this is what it returned; although I don’t agree on it’s funniness I do actually have this coin
You will put your damn eye out
Now that would be an interesting coin
Damage is minimal if Major D changes his name the embarrassment will go away
Kaiser,
It really comes down to whether you believe in the law or not. I don’t know about you, but I think Law and Order is dead in this country. I also don’t follow any ‘militia’ groups, but are they as ‘traitorous’ as the Biden cabal is with their dealings with the Chinese, Ukraines, and Russians? As an amateur historian, you should realize history always repeats itself. And as an amateur prognosticator, I have no idea what our future holds!
Well stated Larry, without the Rule of Law we wouldn’t have a country.
I don’t know what Planet YOU live on or what your trying to twist this into but it’s becoming obvious what the “D” represents and it ain’t “Dude”
Perhaps you have been drinking the Gov Kool-Aid or your one of those illegals working in a Scamazon warehouse who thinks unionization means legalization or citizenship
Senza.
Go easy on the ‘scamazon’ thing…that company’s stock has been very, very, very good to me over the years.
It is what it is Larry, Congrats if you played the stock to your advantage but never forget:
SCAMAZON is a DOTCOM company created by the US Government (not a turd named Bezo’s) and that stock did nothing for decades until it was manipulated and REAL Companies pay Dividends – fake companies do stock splits and call it a Dividend.
While were discussing stocks I just dumped my ET stock for a nice 20% slice right off the top.
Senza, Just because a company stock doesn’t pay a dividend doesn’t mean it isn’t a real company. Amazon has rewarded shareholders by stock appreciation over the years which I can say has been much more lucrative than a dividend.I’ve owned it since 1995 and have bought several times since. I also own many companies stock that do pay a dividend, after all diversity is key in the risk/reward world of the stock markets.Apple is one of them and it just restarted paying a dividend in 2012. Are you saying Apple wasn’t a real company because it didn’t pay a dividend… Read more »
Really, did you just ask me that !
Apple is the West Coast version of Disney home to illegals and pedophiles and Steve Jobs was worse than Epstein that’s why he bought a room at Disney.
And NO I would never own stock in a pedophile company therefore I would never own Apple and I never have.
As for “Diversity and risk/reward” those elements have not existed in the stock market for years now.
Senza, I could give an adam schiff about a company CEO’s personal lifestyle, whether they follow a light or dark path is their business. If having myriad sexual experiences translates to a better profit outlook, I’m all for it. And let me get this right, you wouldn’t buy Apple because you think Jobs was a pedophile, so what computer do you use? Does it use MicroSoft Windows? I seem to recall Billy Gates making some flights with one Epstein. No, he doesn’t appear the type to have sex with a 10 year old girl or boy? If we lived in… Read more »
I choose to think outside the box – there is an safe, integral alternative to everything in our Universe but I get your point and I think were doing the same thing but differently
You didn’t really think Steve Jobs or Bill Gates actually invented anything did you LMAO
HAHAHAHAHAHAHAHAHAHAHA
And
That’s been going on since Hollywood and Joe Biden got married.
Oh and your talking to yourself again – I caught you 3 times on the same thread I do believe – Rich is there an ward for that?
Why Soitenly, “The Triple Threader Three Stoogin’ Talking Heads Stop Making Sense Award”
Thanks Rich,
I knew we could count on you – the level headed one in the group
On another note, I just noticed the US Mint charged me for shipping on my purple heart coins H___ S___
Senza,
You need to place three separate orders before you get ‘free shipping’ for the rest of the year. I just received an email stating I only need to place 1 more order to get ‘free shipping.’ Whopee!
And those orders are counted at the time of fulfillment when your order ships and your credit card is charged.
My Women’s Proof quarters shipped free
Sounds like a conspiracy Kaiser,
Now I’m starting to wonder if sam tweedy is actually talking to himself when he comments (tweets).
Thanks I feel better now
Your getting paid?????
Thank goodness your receiving it – I hope it’s still there when I request mine – we earned it or rather we freaking funded it
It’s out of this World Bro
Kaiser,
You are an anomaly to me. You clearly relish the liberal leanings of the DNC with their top ‘stars’ trying to ram socialism down our throats and have the gall to say you are a ‘capitalist?’ Is your Bernie Sanders, Chucky Schumer, AOC and squad also ‘capitalists?’ I don’t think we’re vying to become North Korea, but Venezuela is a distinct possibility.
Kaiser,
I think we are on the same page now
Kaiser;
Turn off the MSNBC or CNN and go make yourself a strong drink. No…make two strong drinks and relax. Where do you come up with this stuff? Just asking.
I think a 24 hour cooling off period is in order – no Internet for Sir Kaiser until the new Med’s kick in
IT’S A NEW DAY AND
You let us all lose our minds and it felt good – it’s that magical reset everyone has been talking about and we got it first
What hand
Kaiser, Kaiser, Kaiser
I’m discussing Illegals and your discussing Immigrants – now that we cleared that up ………………………………….. Please tell me you know the difference – actually don’t I’m done with this thread and moving on
It’s OK your confused too but I’m sure you will sort it out
Kaiser,
I’ve long wondered what the balance is for a sustainable planet and a healthy population. I’m certainly no expert on what that balance is, but I think our overall population has been much too high for some time. Isn’t it funny that you never hear a word about this from the ‘Climate Change’ fanatics. After all, the average human produces 4.8 tonnes of CO2 during their lifespan, and yet all we hear from the left is concern about ‘cow farts.’
Larry, haven’t you heard of the Soylent Green New Deal.
Right on Rich,
It’s a story about the then future year of 2022
It’s all good until we run out of Ben and Jerry’s
.
Blah Blah Blah
Dizney JUST SAY NO – PROTECT YOUR KIDS https://www.youtube.com/watch?v=uqPwkzp_36E
But I like the Food
SENZA and Sir Kaiser, how is this for an NGC – David Ryder hookup, combining his Advance Releases program labeling with a hand signature. Here is how to jack up a $73 2022-W ASE Proof to a $595 2022-W $1 ASE Proof NGC Advance Releases PF-70 UCAM David Ryder Signature Flag label.
I knew we should have finished the job
Rich,
Where can I get mine? And can I buy more than one? I’ve always been amused by the fact that people are willing to pay so much $$$ for someones scribble. Like I’ve said before, it’s not so much about the coin anymore but the ‘capsule design and fluff’ that drives the price. Amazing.
Somebody please start a new thread
Senza ans Kaiser,
Saw our favorite huckster, Mike ‘You must own this coin, you must own this coin NOW!’ Mezack touting your Angelou clad quarters on CSN. You get two of them, one graded MS65 and the other MS66 for $59.95. Man, I thought having to pay $73 for an ounce of silver was expensive!
I also received another email claiming all ASE’s have been sold through the Enrollment program. I can hear Mike already spewing out all his accolades on how rare these will be.
Hey guys, I just observed a scam I never noticed before you brought the “Congratulations Set” to my attention; NGC and it’s dealers are offering “Allegedly” the Congratulations Silver Eagle in a graded slab however the buyer does not get the “Congratulations” packaging thus the buyer is taking on faith and trust that the graded ASE-W is actually from the Congratulations Set. Damn those deplorable dealers and graders.
I DVR it so I can fast forward! You hit the nail on the head, in a previous comment, about the gullibility of people. I’ve heard Mike state that he’s sold tens of thousands of a particular MS70 coin, and yet still claim it’s rare and valuable. Who in their right mind would pay exorbitant prices for that?
Just think how bad those coins must be if they didn’t slap a perfect 70 on them
Sounds like Larry isn’t the only frequent viewer of caffeine Mike do you guys have little bobble heads of caffeine Mike that shout “Red Oak”
Sir Kaiser, I had originally thought the same thing regarding this years’ three ASEs. But why then is the 2022-W ASE Proof being listed as “Coming Soon” for release on April 14 and it is displaying data-available = 366,750. The 2022 Congratulations Set has been displaying data-available = 24,747, which is a 17.5% reduction from the product limit of 30,000, a bit more than the 10% cut for the 18 Advance Purchaser Dealers (Ten Percent For The Big Guys!).
BTW, nice work starting a new thread, the old one was tread worn.
I should have checked my email before replying. I did receive the same email from the Mint “American Eagle Silver Coin Enrollments are Closed” which you (and Larry) were referencing. I still think the Mint should change their online catalog listing for the coin to display it’s new updated status, as it is misleading especially for those who did not get the memo.
Blah Blah Blah it’s all smoke and mirrors and lies but your right about one thing more have become available via cancellations as I just moved my ASE W Enrollment to inactive – I choose not to be a part of the lie and FOMO – we have no idea how many of these pieces of tin the US Mint is actually pumping out because they are a nefarious liars and con artists