Precious metals changed little on Monday. Palladium declined slightly while gold, silver and platinum posted their third straight gains.
Gold for June delivery added $2.60, or 0.1%, to settle at $1,948.20 an ounce on the Comex division of the New York Mercantile Exchange.
"Gold and silver prices are posting moderate gains in midday U.S. action Monday, but prices have backed well down from their early-session highs on some profit taking by the shorter-term futures traders, and amid rising bond yields and a sell off in the crude oil market. Gold prices hit a four-week high early on today," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note. "Still, the metals are seeing some safe-haven demand on worries about inflation becoming even more problematic in the coming months."
Gold futures traded between $1,942.90 and $1,974.60. They gained 1.1% last week.
Silver for May delivery settled up 16.4 cents, or 0.7%, to $24.987 an ounce. Silver futures ranged from $24.79 to $25.60. They rose 0.7% last week.
In other precious metals futures prices on Monday:
-
July platinum edged up $2.20, or 0.2%, to $977.80 an ounce, trading between $973.70 and $997.
- Palladium for June delivery shed $3.30, or 0.1% to $2,416.80 an ounce, ranging from $2,402 and $2,534.
Last week, platinum fell 1.3% and palladium dropped 6.7%.
US Mint Bullion Sales in 2022
Published United States Mint bullion sales were unchanged 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 | Last Week | January | February | March | April | 2022 Sales | |
| $50 American Eagle 1 Oz Gold Coin | 0 | 21,500 | 123,500 | 86,000 | 140,500 | 21,500 | 371,500 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 1,000 | 45,000 | 0 | 5,000 | 1,000 | 51,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 6,000 | 64,000 | 4,000 | 20,000 | 6,000 | 94,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 25,000 | 195,000 | 25,000 | 75,000 | 25,000 | 320,000 |
| $50 American Buffalo 1 Oz Gold Coin | 0 | 7,000 | 61,500 | 28,500 | 64,500 | 7,000 | 161,500 |
| $1 American Eagle 1 Oz Silver Coin | 0 | 425,000 | 5,001,000 | 1,500,000 | 1,080,500 | 425,000 | 8,006,500 |
| $100 American Eagle 1 Oz Platinum Coin | 0 | 0 | N/A | 25,800 | 14,200 | 0 | 40,000 |
| $25 American Eagle 1 Oz Palladium Coin | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tuskegee Airmen 5 oz Silver Coin | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Is a major breakout imminent?
Did that come all the way from Fra-Ji-Lee?
I think there is an upgraded model
Or the Maximum Overdrive Trucking Company
Rich,
So that’s Who Made Those https://www.youtube.com/watch?v=PiZHNw1MtzI
But I wouldn’t be surprised to see them Back On The Road Again https://www.youtube.com/watch?v=Dva8aVJH8uE
Also, Gotcha
Sir Kaiser, I know its only Rock ‘N’ Roll but I like it.
Holy Sixteen Tons! Sir Kaiser
The Lesbians will have to find someone other than I to pick on…….
Rich,
Holy missing Antonio’s…………………………………… It’s Rich First on Thread and like I said the Awards are bountiful today – because the factory is very backed up – you certainly are a Champion
The eminence is inevitable https://www.youtube.com/watch?v=BfrUQA2tb6M
Wowsa SENZA, that’s really over the top! I think I’m gonna blow up my video!!
Rich,
You know that’s the way I want my Rock n Roll https://www.youtube.com/watch?v=3zy2pBoTuOQ
Actually, I think the opposite, it was an anti video response from the bands who wanted to evolve but not in the MTV kinda way so your stereo is safe….
I’m presenting you with the latest award out of the Award Factory – I hereby present to YOU The Kaiser Award for best JPG Image because memes don’t exist. https://www.youtube.com/watch?v=ZPRhV9hAv9U
Your due another award as well for the image that says “This image isn’t visible in your Country” pure genius – I just can’t remember which thread it was on
Yeah I think we use the same transit system – we probably crossed paths at the shrinkologist office.
Sir Kaiser, is “intense peculiarity” like always wearing a red knit hat, even in summer?
That’s some shark you got there –
Walmart leading the way with electric trucks
If Elon Musk tweeted it’s OK who are we to question the biggest Turd in the Bowl!
My biggest fear is that Elon Musk will stay on Earth instead of flushing himself into the atmosphere – I wonder if he does though, if all the planets will then create little Ponzi Scheme Planets and name them SpacePal and then Trump can sue all of them because he thinks it sounds like Spacefarce.
I still see the add to bag button but I can’t pull up a number – I used to collect this one but don’t anymore so I’m not enrolled……
Something is definitely Up – maybe the Politicians have stolen enough money from the unemployed and Tax Payers to just quit and go their own way and they are just tidying up before the go……. https://www.youtube.com/watch?v=VvCcD-BByOc
US Mint just notified me they are preparing to ship my American Innovation “Vermont” Enrollments and in the next sentence said there could be longer ship times due to Covid-19.
I honestly don’t know unless you know in which case you could let me know then I would know and then we would both know but I wonder if they would know we know- ya know