Platinum declined on Monday while gold, silver and palladium gained. Palladium rallied 2.4%. Increases in gold and silver were slight.
Gold for August delivery rose $2.90, or 0.2%, to settle at $1,780.70 an ounce on the Comex division of the New York Mercantile Exchange.
"If we see gold rally back above $1,800 this week ahead of Friday’s jobs numbers, that might be a good place for gold bulls to exit some long positions," Michael Armbruster, managing partner at Altavest, told MarketWatch.
Gold futures ranged from a low of $1,770.40 to a high of $1,786.10. They climbed 0.5% last week.
Silver for July delivery added 13.6 cents, or 0.5%, to settle at $26.223 an ounce. Silver futures traded between $25.84 and $26.30. Like for gold, silver prices edged 0.5% higher last week.
In other precious metal prices on Monday:
-
July platinum declined $6, or 0.5%, to $1,097.60 an ounce, ranging from $1,090.90 to $1,113.70.
- Palladium for September delivery gained $62.60 to $2,699.40 an ounce, trading between $2,630 and $2,704.50.
Last week platinum surged 6% and palladium jumped 6.8%.
US Mint Bullion Sales in 2021
United States Mint published no bullion sales on Monday. 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) | |||||||
|---|---|---|---|---|---|---|---|
| Monday / This Week | Last Week | March Sales | April Sales | May | June | 2021 Sales | |
| $50 American Eagle 1 Oz Gold Coin | 0 | 0 | 55,500 | 38,500 | 20,500 | 4,000 | 430,500 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 0 | 0 | 0 | 0 | 0 | 31,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 0 | 20,000 | 0 | 0 | 0 | 56,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 0 | 55,000 | 0 | 0 | 0 | 150,000 |
| $50 American Buffalo 1 Oz Gold Coin | 0 | 0 | 33,500 | 11,000 | 44,000 | 7,000 | 173,000 |
| $1 American Eagle 1 Oz Silver Coin | 0 | 0 | 4,087,000 | 1,053,000 | 0 | 0 | 13,106,500 |
| $100 American Eagle 1 Oz Platinum Coin | 0 | 0 | 35,000 | 0 | 40,000 | 0 | 75,000 |
| Tuskegee Airmen 5 oz Silver Coin | 0 | 0 | N/A | 50,000 | 2,900 | 0 | 52,900 |
