Precious metals posted gains on the first trading day of the new week and month. Palladium led the metals, surging 3.3% to a three-month high. Gold rose the least, climbing 0.3% to a one-month high.
Up for a fourth straight session, gold for December delivery gained $5.90 to settle at $1,787.70 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the best since July 1.
"Short covering from futures traders is featured in both metals [gold and silver], with cash market traders also doing some perceived bargain-basement buying after gold prices hit a 15-month low and silver a two-year low in July. Some technical buying is also featured to start the month of August, as the near-term charts are looking a bit friendlier for gold and silver," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.
Gold futures traded between $1,774.30 and $1,792.50. They surged 3.2% last week, but still ended 1.4% lower in July.
Extending its winning streak to five sessions, silver for September delivery advanced 16.5 cents, or 0.8%, to end at $20.362 an ounce. The finish was the highest since June 29. Silver futures ranged from $20.06 to $20.51. They soared 8.5% last week, trimming their loss in July to 0.8%.
In other precious metals futures prices on Monday:
-
October platinum rose $11.80, or 1.3%, to $901.60 an ounce, trading between $883.10 and $911.
- Palladium for September delivery jumped $69.70 to $2,199.40 an ounce — the highest close since May 4. Palladium ranged from $2,085.50 to $2,226.
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 / August | May | June | July | 2022 Sales | |
| $50 American Eagle 1 Oz Gold Coin | 0 | 164,500 | 31,000 | 59,500 | 685,500 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 7,000 | 6,000 | 5,000 | 71,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 8,000 | 18,000 | 2,000 | 130,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 50,000 | 135,000 | 20,000 | 525,000 |
| $50 American Buffalo 1 Oz Gold Coin | 0 | 56,000 | 21,500 | 39,500 | 299,000 |
| $1 American Eagle 1 Oz Silver Coin | 0 | 1,350,000 | 925,000 | 850,000 | 11,556,500 |
| $100 American Eagle 1 Oz Platinum Coin | 0 | 0 | 23,500 | 15,500 | 79,000 |
The US Mint is an insult to the Common Sense of all Man-kind
Great quotes from ME………………………………..
At some point you always cross the line of opportunity and step into despair by telling others what to do instead engaging in the fair and enjoyable exchange of information.
Another great quote by, you guessed it: ME
I would imagine the knob on your TV is quite worn out
… Mankind and Mr Socko
Nice Sock
Only sock I know.
Next new issue of ASEs is August 9th.
Today, I deactivated all US Mint Enrollments
No Morgan and Peace dollars in 2023 for you?
Right On, “Today, I deactivated all US Mint Enrollments” The Morgan and Peace 2023 are still available which tells me there isn’t much interest in those products – The US Mint out smarted themselves offering these so early that they couldn’t pull their scam and say they are all sold out only to have them returned 3 days later by their dealers Worse, half of those who already enrolled will do the same thing I just did – I still see ads on Feebay for the first Morgan release – some of those flippers are still holding all 10 coins… Read more »
Whaahahahahaha!!!!! Good, more coins for me. I have all six of the 2021 issue and I’ll add the uncirculated, proof and reverse proofs of 2023 to my collection. I’m only unhappy that the proofs for 2022 were cancelled. C’est la vie.
It’s not over until it’s over –
Ventris- needs to pull something out of her big ass and fast – it just might be a 2022 Morgan or PEACE………………
Failure has a funny way of motivating
And again, I thank you.
Due to overwhelming demand, the full production inventory for the 2022 American Eagle One Ounce Silver Proof (S) Coin (22EM) was previously accounted for through enrollments. However, as a result of cancellations, inventory may become available on the scheduled launch date of August 9, 2022.
Don’t thank me – thank the phony numbers – they will make a billion of these and have zero scarcity or value
The scarcest I have of what’s on “your” list is the 1998-S Silver Frosted matte finish Kennedy Half Dollar. The next one is my 1995-W ASE PF68 (not on your list). Now what I’m looking for is an 1863 silver three cent piece. That would round out my silver three cent collection nicely.
Thank you for sharing. It’s good to know. I never think of such things. I meant “your” list because I’ve seen other lists. It’s interesting but only time tells how the coins will gain, or loose, value. I like looking at the 1975-S Lincoln cent. It’s remained at about $3.50 for decades. I still think it’s over priced.
The names may change frequently but the defective personality shines thru in all
There’s a fly in my soup. I’m suing this restaurant!
There’s a Kaiser on my brain – I’m pretending to be 7 different fake online entities but my flawed personality gives it away time and time again
Senza, What is eating at your soul? The damage is becoming visible to people who cannot even physically see you. Do you really expect me to believe Kaiser Wilhelm is doing what you accuse? That does not sound like the personality that shines through his comments. Tell you what, let us settle it once and for all. If CoinNews says your accusations are true, I will apologize to you here. CoinNews—Please tell us here publicly if Major D and Kaiser Wilhelm are one and the same person. If someone is posting here under multiple personalities, I think we should all… Read more »
I thought this site was about coins, not people.
Unless the person is on the coin.
Thank you, Kaiser Wilhelm. I respect you, so this means a lot to me.
As previously stated:
There may 6 of you but your definitely #2
Hello SENZA, Apparently CoinNews is not interested in verifying or refuting your accusations. They are the only ones here that can affirm or deny your ongoing “multiple personality” accusations. I have lost track of how many people you have accused of this. A lot. It seems to be your go-to. I would have preferred waiting to reply to you until they responded but it looks like they will not. If they prefer us trading insults instead of information on this site, I can play your game too. I just do not enjoy it. Regarding your #2 comment, my reply is:… Read more »
Hi Major D, The first time SENZA made that accusation, it threw me for a loop. It has been done before. When I was reading about the Jan 6th insurrectionist’s social histories, the articles mentioned quite a few of these White, middle aged men were masquerading as Black, or a Women, or something else they were not online. I figured 50/50 chance Senza was telling the truth the first time (to Fviia, I think). Now that I see he uses it constantly against anyone that questions or disagrees with him, I guess 0%- 5% chance he is correct. As you… Read more »
Definitely do not a let a bully chase you away from anything. Especially one so full of crap, as he so proudly informed us recently (I crap bigger than you!).
You are the reason I joined this site in the first place.
The U.S. Mint just released this announcement
Due to overwhelming demand, the full production inventory for the 2022 American Eagle One Ounce Silver Proof (S) Coin (22EM) was previously accounted for through enrollments. However, as a result of cancellations, inventory may become available on the scheduled launch date of August 9, 2022.