Gold extended its winning streak to four sessions in a row, ending Tuesday at a more than two-week high. Silver and palladium, meanwhile, posted a second straight day of gains.
Gold for June delivery tacked on $17.60, or 1%, to settle at $1,865.40 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since May 6.
Gold and silver prices were "boosted by another sell off in the U.S. stock indexes, falling U.S. Treasury yields and by the recent sharp losses in the U.S. dollar index that hit another four-week low today,” Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note. "Risk aversion is keener in the general marketplace early this week, and that’s inviting safe-haven demand for the precious metals."
Gold futures traded between $1,847.60 and $1,869.10. They climbed 0.3% on Monday.
Silver for July delivery finished up 34 cents, or 1.6%, to $22.063 an ounce. Like for gold, the settlement was silver’s highest since May 6. Silver futures ranged from $21.64 to $22.22. They edged 0.2% higher on Monday.
In other precious metals futures Tuesday:
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July platinum lost $7.40, or 0.8%, to $942.90 an ounce, trading between $936.40 and $957.
- Palladium for June delivery added $19.90, or 1%, to $1,986.60 an ounce, ranging from $1,966.50 to $2,016.
US Mint Bullion Sales in 2022
Published United States Mint bullion sales were unchanged on Tuesday. 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) | ||||||
|---|---|---|---|---|---|---|
| Tuesday / This Week | Last Week | March | April | May | 2022 Sales | |
| $50 American Eagle 1 Oz Gold Coin | 0 | 57,000 | 140,500 | 80,500 | 93,000 | 523,500 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 1,000 | 5,000 | 3,000 | 2,000 | 55,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 4,000 | 20,000 | 14,000 | 8,000 | 110,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 0 | 75,000 | 25,000 | 50,000 | 370,000 |
| $50 American Buffalo 1 Oz Gold Coin | 0 | 20,000 | 64,500 | 27,500 | 36,500 | 218,500 |
| $1 American Eagle 1 Oz Silver Coin | 0 | 425,000 | 1,080,500 | 850,000 | 850,000 | 9,281,500 |
| $100 American Eagle 1 Oz Platinum Coin | 0 | 0 | 14,200 | 0 | 0 | 40,000 |
| $25 American Eagle 1 Oz Palladium Coin | 0 | 0 | 0 | 0 | 0 | 0 |
No new articles on Wednesday, May 25th. That seems unusual.
As you have pointed out, Major, that report will contain some interesting sales figures for the 2022 NLB commemorative coins. Still no word from Sir Kaiser in over a week, wishing him the best.