Precious metals divided Tuesday with silver and palladium rising and gold and platinum falling. Gold’s loss, while very modest, was its second in a row.
Gold for August delivery dipped $1.40, or 0.08%, to settle at $1,717.70 an ounce on the Comex division of the New York Mercantile Exchange.
"Gold needs to overcome heavy resistance at the $1,745.00 an ounce triple top before the gold bugs can really start to get excited. It has support at $1,680.00, and then the longer-term support around $1,675.00 an ounce zone," Halley wrote in a note sent to MarketWatch.
Gold futures traded between $1,711.50 and $1,726.40. They shed 0.5% on Monday.
Silver for September delivery advanced 20.7 cents, or 1.1%, to settle at $18.535 an ounce. Silver futures ranged from $18.28 to $18.62. They fell 1.6% on Monday.
In other precious metals futures prices Tuesday:
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October platinum declined $4.90, or 0.6%, to $864.40 an ounce, trading between $858.50 and $881.40.
- Palladium for September delivery added $8.20, or 0.4%, to $2,011.20 an ounce, ranging from $1,968.50 and $2,020.50.
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 | May | June | July | 2022 Sales | |
| $50 American Eagle 1 Oz Gold Coin | 0 | 0 | 164,500 | 31,000 | 33,000 | 659,000 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 0 | 7,000 | 6,000 | 3,000 | 69,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 0 | 8,000 | 18,000 | 2,000 | 130,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 0 | 50,000 | 135,000 | 5,000 | 510,000 |
| $50 American Buffalo 1 Oz Gold Coin | 0 | 0 | 56,000 | 21,500 | 23,000 | 282,500 |
| $1 American Eagle 1 Oz Silver Coin | 0 | 0 | 1,350,000 | 925,000 | 425,000 | 11,131,500 |
| $100 American Eagle 1 Oz Platinum Coin | 0 | 0 | 0 | 23,500 | 15,000 | 78,500 |
But silver is up .20 cents today. \O/
Silver!
High Ho!
oH nO
I just lost 50 cents on my 2.5 ounce US Marines Medal – If I had not sold it for $1250 yesterday I could have made 50 cents today
Wait, isn’t 50 cents a rapper?
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Offer only valid in Zimbabwe
actually, I asked if she had change for 50 Cent
He’s been animated for his own protection but I still don’t see change for a dollar – maybe he left it in Zimbabwe
Where will it stop
Alright then, half dollar.
According to Notch Johnson it’s also the cost of two very reasonably priced Hookers – all you need is 2 quarters from you coin collection because 5 dimes won’t work
Damn it Man
How about a half dollar coin?
Now your back to 50 Cent- how can they split 50 Cent? Who’s on First!
Not to confuse
I’m afraid the girl who set next to me in Grammar class didn’t wear panties and always set facing me – I can’t even remember if their was a teacher or anyone else in that class – so you will have to fill in the dots as you see fit.
This is coin related as I used to drop my lunch money on the floor next to her desk multiple times during each class.
I still remember the little flowers on the panties of the girl who sat in front of me, leaning forward in her chair. I’d call it, a little crack in class.
Antonio, you Little Rascal.
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Inspiration, not to be confused with aspiration. I aspire to be inspired.
Let’s rap about it Antonio, https://www.youtube.com/watch?v=XTwkTVjbn78
you’re saying you sold a $160 medal for $1250. If that’s true, it gives a new meaning to the word ‘jarhead!’
You know NGC would have asked $10k and how do you think I fund my diet – that’s stuff is not cheap –
But it’s worth every cent.
Thank goodness for Feebay https://www.youtube.com/watch?v=YKtlK7sn0JQ
Almost forgot
SENZA the Air Bender Wind Breaker!
Rich The Last Airbender The Jasmine Dragon Coach’s Jacket
Sorry I’m still laughing but relief is on the way- if tis doesn’t help perhaps my newly patented Ball Cooler will.
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That’s a good one. Oldie but goodie. Reminds me of The Dr. Demento Show when I was in high school.
Hmmm, looks like Breaking Bad Bread.
Hmmm,
How did you survive 02-22-2022 crazy dates
Reminder of the more important things in life
If you don’t like Taco’s
All or Nothing Day reminder of the two important economic releases this week: FOMC rate hike & FED statement on Wednesday and 2nd Quarter GDP on Thursday ==> Will Gold pop or drop?
Walmart said the consumer is broke as F – that much I know is true because it’s the same on Feebay –
We already know Gold isn’t popping like it’s supposed to but the lingering question is; will Wall Street make it surge when we least expect it and I don’t have that answer.
I do know that Silver pumpers are desperate and starting wild rumors on youtube so that is not good for Gold or Silver
It’s a repeat of the 1970’s and Biden was in on it then as he is deep into fleecing us today – shame on us for tolerating it-
The light at the end of the tunnel is that Hot Pocket variety is alive and well
So we can expect another “Crisis of Confidence” speech? 🙁
They can tell our children they are making us suffer so the children will have a bright future but we were the children they told that to in the 1970’s and look how we turned out.
.75 points, Wall Street Surges, Gold ascends the poor and middle class get financially slaughtered
Wow who would have guessed
Yabba Dabba Doo https://www.youtube.com/watch?v=BtV_nQKhkdY
You can always trust Weird Al to do something to make your day. lol.