In precious metals Tuesday, palladium gained while gold, silver and platinum declined. Gold’s loss was its first in three sessions. The precious metal slipped from an 8-month high.
Gold for February delivery shed $1.30, or 0.07%, to settle at $1,876.50 an ounce on the Comex division of the New York Mercantile Exchange.
"Gold and silver prices are near steady and silver prices a bit weaker in midday U.S. trading Tuesday, on normal corrective pullbacks and consolidation following recent gains. A firmer U.S. dollar index and an uptick in U.S. Treasury yields were bearish outside market forces for the metals on this day," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.
Gold futures traded between $1,872 and $1,885.20. They rose 0.4% on Monday, ending at their highest price since May 6.
Silver for March delivery gave back 20.6 cents, or 0.9%, to settle at $23.665 an ounce. Silver futures ranged from $23.55 to $23.91. They dipped 0.5% on Monday.
In other precious metals futures Tuesday:
April platinum fell $10.10, or 0.9%, to $1,088.50 an ounce, ranging from $1,082.50 to $1,097.90.
- Palladium for March delivery climbed $1.90, or 0.1%, to $1,777.30 an ounce, trading between $1,766 and $1,811.
US Mint Bullion Sales in 2023
Published United States Mint bullion sales last changed on Dec. 29. 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)|
|August||September||October||November||December||2022 Sales||2023 Sales|
|$50 American Eagle 1 Oz Gold Coin||47,500||47,500||59,500||6,000||4,000||850,000||0|
|$25 American Eagle 1/2 Oz Gold Coin||2,000||0||2,000||0||0||75,000||0|
|$10 American Eagle 1/4 Oz Gold Coin||4,000||4,000||2,000||0||0||140,000||0|
|$5 American Eagle 1/10 Oz Gold Coin||20,000||15,000||15,000||0||0||575,000||0|
|$50 American Buffalo 1 Oz Gold Coin||22,500||44,500||39,500||4,500||0||410,000||0|
|$1 American Eagle 1 Oz Silver Coin||850,000||833,000||1,258,000||1,407,000||59,000||15,963,500||0|
|$100 American Eagle 1 Oz Platinum Coin||1,000||0||0||0||0||80,000||0|