Precious metals futures registered gains Tuesday ranging from 0.2% for gold to 1.9% for both platinum and palladium.
Gold for December delivery climbed $2.40 to settle at $1,474.30 an ounce on the Comex division of the New York Mercantile Exchange.
"Gold is awaiting more clarification on the US/China trade front," MarketWatch quoted James Hatzigiannis, senior strategist at Long Leaf Trading Group. "Until there is a clear indication straight from the US or China on the trade deal, gold will just hang out at this level for the time being."
Gold futures ranged from a low of $1,465.10 to a high of $1,475.80. They also edged 0.2% higher on Monday.
Silver for December delivery gained 11.8 cents, or 0.7%, to settle at $17.118 an ounce. Silver futures traded between $16.93 and $17.16. They rose 0.3% on Monday.
In other precious metals futures prices on Tuesday:
-
January platinum moved up $17.30 to $912.30 an ounce, ranging from $895.80 to $914.30.
- Palladium for December delivery tacked on $33 to $1,737.40 an ounce, trading between $1,680 and $1,742.40.
London Precious Metals Prices
In comparing earlier fixed London gold and silver prices from Monday PM to Tuesday PM:
- Gold added 80 cents, or 0.05%, to $1,468.45 an ounce.
- Silver rose 33 cents, 2%, to $17.125 an ounce.
In LBMA results last week, gold climbed 0.2% and silver rose 0.4%.
US Mint 2019 Bullion Sales
U.S. Mint bullion sales were unchanged. 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) | ||||||
|---|---|---|---|---|---|---|
| Tuesday | Last Week | This Week | October | November | 2019 Sales | |
| $50 American Eagle 1 Oz Gold Coin | 0 | 5,000 | 3,000 | 8,000 | 8,000 | 106,000 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 3,000 | 0 | 1,000 | 5,000 | 30,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 0 | 2,000 | 4,000 | 2,000 | 36,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 0 | 0 | 20,000 | 0 | 190,000 |
| $50 American Buffalo 1 Oz Gold Coin | 0 | 2,500 | 2,500 | 3,000 | 5,000 | 60,000 |
| $1 American Eagle 1 Oz Silver Coin | 0 | 65,000 | 233,000 | 1,110,500 | 463,000 | 14,863,500 |
| Frank Church River of No Return Wilderness 5 Oz Silver Coin | 0 | N/A | 13,500 | N/A | 13,500 | 13,500 |
| San Antonio Missions 5 Oz Silver Coin | 0 | 0 | 0 | 17,500 | 0 | 55,200 |
| War in the Pacific 5 Oz Silver Coin | 0 | 0 | 0 | 500 | 0 | 72,500 |
| American Memorial Park 5 Oz Silver Coin* | 0 | 0 | 0 | 0 | 0 | 80,000 |
| Lowell 5 Oz Silver Coin* | N/A | 80,000 | ||||
| $100 American Eagle 1 Oz Platinum Coin* | N/A | 40,000 | ||||
