In futures trading Tuesday, palladium advanced for a second straight session while gold, silver and platinum gave back a portion of their prior-day gains.
Gold for December delivery shed $8.20, or 0.5%, to settle at $1,655.80 an ounce on the Comex division of the New York Mercantile Exchange.
"Gold and silver prices are lower in midday U.S. trading Tuesday, once again pressured by a higher-valued U.S. dollar on the foreign exchange market and by rising U.S. Treasury yields that see the benchmark 10-year note yield above 4.0%," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.
Gold futures traded between $1,650.60 and $1,666. They rose 0.9% on Monday
Silver for December delivery declined 11.9 cents, or 0.6%, to settle at $18.60 an ounce. Silver futures ranged from $18.49 and $18.87. They rallied 3.6% on Monday.
In other precious metals futures Tuesday:
-
January platinum lost $6.30, or 0.7%, to $907.30 an ounce, trading between $902.40 and $925.10.
- Palladium for December delivery added $14, or 0.7%, to $2,013.90 an ounce, ranging from $1,997.50 to $2,037.50.
US Mint Bullion Sales in 2022
Published United States Mint bullion sales were unchanged on Tuesday. 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 / This Week | June | July | August | September | October | 2022 Sales | |
| $50 American Eagle 1 Oz Gold Coin | 0 | 31,000 | 59,500 | 47,500 | 47,500 | 0 | 780,500 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 6,000 | 5,000 | 2,000 | 0 | 0 | 73,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 18,000 | 2,000 | 4,000 | 4,000 | 0 | 138,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 135,000 | 20,000 | 20,000 | 15,000 | 0 | 560,000 |
| $50 American Buffalo 1 Oz Gold Coin | 0 | 21,500 | 39,500 | 22,500 | 44,500 | 21,500 | 387,500 |
| $1 American Eagle 1 Oz Silver Coin | 0 | 925,000 | 850,000 | 850,000 | 833,000 | 0 | 13,239,500 |
| $100 American Eagle 1 Oz Platinum Coin | 0 | 23,500 | 15,500 | 1,000 | 0 | 0 | 80,000 |
Gas may be down but you can be sure groceries are up.
Gas may be down but you can be sure groceries are up.
Turkey prices are 73% higher than last year and might stay that way through Thanksgiving.
I’m A-mazed!
I had a turkey sandwich for lunch yesterday, and it was free. 🙂