Precious metals gained Thursday, led by silver and followed by gold. Increases in platinum and palladium were modest.
Gold for June delivery tacked on $16.60, or 1%, to settle at $1,758.20 an ounce on the Comex division of the New York Mercantile Exchange.
"The dollar and U.S. yields are coming off and that’s the key catalyst right now… a pretty unimpressive jobs number is also helping push gold higher," Reuters quoted Bob Haberkorn, senior market strategist, RJO Futures. "And the fact that we’re above $1,750, which is a key technical level, shows that gold has some legs to continue higher."
Gold futures ranged from a low of $1,733.60 to a high of $1,759.40. They dipped 0.08% on Wednesday, they rose 0.8% on Tuesday, and they inched up 0.02% on Monday.
Silver for May delivery increased 33.8 cents, or 1.3%, to close at $25.585 an ounce. Silver futures traded between $25.02 and $25.68. They climbed 0.08% on Wednesday, they advanced 1.8% on Tuesday, and they declined 0.7% on Monday.
In other precious metals futures prices on Thursday:
-
July platinum added $3.50, or 0.3%, to $1,235.40 an ounce, ranging from $1,222.10 to $1,243.70.
- Palladium for June delivery added $7.20, or 0.3%, to $2,628.30 an ounce, trading between $2,606.50 and $2,650.
US Mint Bullion Sales in 2021
United States Mint bullion sales were unchanged Thursday. 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) | |||||||
---|---|---|---|---|---|---|---|
Thursday | Last Week | This Week / April | January Sales | February Sales | March Sales | 2021 Sales | |
$50 American Eagle 1 Oz Gold Coin | 0 | 0 | 13,000 | 191,000 | 121,000 | 55,500 | 380,500 |
$25 American Eagle 1/2 Oz Gold Coin | 0 | 0 | 0 | 22,000 | 9,000 | 0 | 31,000 |
$10 American Eagle 1/4 Oz Gold Coin | 0 | 0 | 0 | 36,000 | 0 | 20,000 | 56,000 |
$5 American Eagle 1/10 Oz Gold Coin | 0 | 0 | 0 | 95,000 | 0 | 55,000 | 150,000 |
$50 American Buffalo 1 Oz Gold Coin | 0 | 0 | 3,500 | 61,500 | 16,000 | 33,500 | 114,500 |
$1 American Eagle 1 Oz Silver Coin | 0 | 0 | 596,000 | 4,775,000 | 3,191,500 | 4,087,000 | 12,649,500 |
$100 American Eagle 1 Oz Platinum Coin | 0 | 0 | 0 | N/A | N/A | 35,000 | 35,000 |
Tuskegee Airmen 5 oz Silver Coin | 0 | 0 | 50,000 | N/A | N/A | N/A | 50,000 |
$1 American Eagle 1 Oz Platinum Coin* | 0 | 0 | 0 | 0 | 0 | 0 | 0 |