Gold ended slightly ahead on Thursday while silver, platinum and palladium declined. Gold’s gain was its fourth in five sessions.
Gold for December delivery added $4.20, or 0.2%, to settle at $1,795.20 an ounce on the Comex division of the New York Mercantile Exchange.
"Gold prices are modestly higher in midday U.S. trading, on some safe-haven demand and bulls taking advantage of the earlier dip in prices to do some bargain hunting," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.
Gold futures ranged from a low of $1,781.30 to a high of $1,800.40. They declined 1% on Wednesday, they edged 0.1% higher on Tuesday, for their highest settlement since Aug. 5, and they rose 1.3% on Monday.
Silver for September delivery fell 22.50 cents, or 1%, to settle at $23.55 an ounce. Silver futures traded between $23.44 and $23.90. They shed 0.5% on Wednesday, they climbed 1% on Tuesday, and they gained 2.4% on Monday.
In other precious metals futures prices Thursday:
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October platinum declined $18, or 1.8%, to $975.50 an ounce, ranging from $976 to $995.70.
- Palladium for September delivery fell $42.40, or 1.7%, to $2,388.30 an ounce, trading between $2,352 and $2,427.
US Mint Bullion Sales in 2021
Published 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.
US Mint Bullion Sales (# of coins) | |||||||
---|---|---|---|---|---|---|---|
Thursday | Last Week | This Week | June | July | August | 2021 Sales | |
$50 American Eagle 1 Oz Gold Coin | 0 | 28,000 | 12,000 | 158,000 | 49,500 | 95,500 | 729,500 |
$25 American Eagle 1/2 Oz Gold Coin | 0 | 21,000 | 0 | 15,000 | 10,000 | 21,000 | 77,000 |
$10 American Eagle 1/4 Oz Gold Coin | 0 | 0 | 6,000 | 30,000 | 0 | 6,000 | 92,000 |
$5 American Eagle 1/10 Oz Gold Coin | 0 | 10,000 | 10,000 | 90,000 | 40,000 | 50,000 | 330,000 |
$50 American Buffalo 1 Oz Gold Coin | 0 | 2,000 | 4,500 | 27,500 | 14,500 | 23,000 | 231,000 |
$1 American Eagle 1 Oz Silver Coin | 0 | 824,000 | 740,000 | 2,800,000 | 3,104,000 | 3,145,000 | 22,155,500 |
$100 American Eagle 1 Oz Platinum Coin | 0 | 0 | 0 | 0 | 0 | 0 | 75,000 |
Tuskegee Airmen 5 oz Silver Coin | 0 | 0 | 0 | 0 | 0 | 0 | 52,900 |