Gold Edges Higher, Silver Dips, US Coins Flat

Gold settled slightly higher Thursday, extending its winning streak to two days. A weaker U.S. dollar was mainly attributed for the pick-up.

Gold for December delivery traded up $5.50, or 0.3%, to $1,770.60 an ounce on the Comex in New York. The precious metal moved between intraday levels of $1,760.20 and $1,776.60.

"As discussed recently, I was cautious to short term bearish on gold based on overbought sentiment mainly. If it can hold 1753, it has a chance to spring back over 1800," David Banister, chief investment strategist at Active Trading Partners, wrote in an email that was cited on The Street.

In other New York bullion prices on Thursday:

• Silver prices for December delivery shed 2.7 cents, or 0.1%, to $34.082 an ounce, ranging from $33.815 to $34.380.

• Platinum for January delivery rose $11.10, or 0.7%, to $1,689.60 an ounce, trading between $1,663.40 and $1,696.00.

• Palladium for December edged up $1.00, or 0.2%, to $650.90 an ounce, ranging from $646.00 to $657.00.

London Bullion Prices

London precious metals were mixed on the day. Silver was a standout, rising sharply as the other metals changed marginally. In contrasting London PM Fix prices:

• Gold added $7.75, or 0.4%, to $1,769.00 an ounce,
• Silver advanced 46.0 cents, or 1.4%, to $34.25 an ounce,
• Platinum climbed $10.00, or 0.6%, to $1,681.00 an ounce, and
• Palladium declined $1.00, or 0.2%, to $649.00 an ounce

U.S. Mint Bullion Coin Sales for October and YTD

Sales levels for U.S. Mint bullion coins have remained unchanged since last Friday, with the popular and usually very active bullion Silver Eagles notably silent for an entire week. The following table provides the most recent daily, October and year-to-date bullion sales figures as provided by the U.S. Mint.