Silver declined in the mid-week trading session on Wednesday, marking a two-month low, while gold, platinum and palladium advanced.
Gold for February delivery rose $7.80, 0.4%, to settle at $1,784.30 an ounce on the Comex division of the New York Mercantile Exchange.
"The key outside markets are in a daily bullish posture for the metals at mid-week, as the U.S. dollar index is a bit weaker and crude oil prices are up, but well down from their daily highs. There also remains a bit of safe-haven demand for the precious metal as there is still some uncertainty and anxiety in the marketplace," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.
Gold futures ranged from a low of $1,773.70 to a high of $1,795.70. They shed 0.5% on Tuesday, ending November with a 0.4% loss and also registering the lowest settlement since Nov. 3.
Silver for March delivery fell 47.6 cents, or 2.1%, to settle at $22.339 an ounce. The settlement was the lowest since Sept. 30 when silver closed at $22.047 an ounce. Silver futures traded between $22.32 and $23.06. They declined 0.2% on Tuesday, ending November with a drop of 4.7%.
In PGM futures prices on Wednesday:
-
January platinum added $7.90, or 0.9%, to $935.20 an ounce, ranging from $925 to $953.50.
- Palladium for March delivery jumped $48, or 2.8%, to $1,753.50 an ounce, trading between $1,725.50 and $1,783.
US Mint Bullion Sales in 2021
Published United States Mint bullion sales increased Wednesday by 2,000 ounces in American Gold Eagles and 1,000 ounces in American Gold Buffalos.
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) | |||||||
|---|---|---|---|---|---|---|---|
| Wednesday | Last Week | This Week | September | October | November | 2021 Sales | |
| $50 American Eagle 1 Oz Gold Coin | 2,000 | 24,000 | 21,500 | 67,500 | 135,500 | 116,500 | 1,067,500 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 0 | 0 | 4,000 | 7,000 | 6,000 | 94,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 2,000 | 2,000 | 8,000 | 22,000 | 10,000 | 160,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 0 | 5,000 | 35,000 | 85,000 | 40,000 | 490,000 |
| $50 American Buffalo 1 Oz Gold Coin | 1,000 | 8,500 | 5,500 | 24,000 | 41,000 | 39,500 | 341,000 |
| $1 American Eagle 1 Oz Silver Coin | 0 | 0 | 448,000 | 2,735,000 | 1,076,000 | 1,447,000 | 28,198,500 |
| $100 American Eagle 1 Oz Platinum Coin | 0 | 0 | 0 | 0 | 0 | 0 | 75,000 |
| $25 American Eagle 1 Oz Palladium Coin | 0 | 0 | 0 | 0 | 0 | 8,700 | 8,700 |
| Tuskegee Airmen 5 oz Silver Coin | 0 | 0 | 0 | 0 | 0 | 0 | 52,900 |
Not unless you are one of the 18.
Sir Kaiser, here is a candidate real-life artistic infusion idea for the American Liberty Coin Program with the theme “Liberty Repels Ninja Prairie Dog.” Should I submit this proposal to the United States Mint Artistic Infusion Program (AIP)? Maybe I could use SENZA as a reference?