In futures trading Wednesday, gold prices finished flat while those for silver, platinum and palladium declined after sharp gains on Tuesday.
Gold for February delivery was unchanged at $1,825.40 an ounce on the Comex division of the New York Mercantile Exchange.
"Both markets [gold and silver] are pausing after posting solid gains Tuesday, amid wobbly global stock and financial markets that prompted some safe-haven demand for the metals, especially on Tuesday," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.
Gold futures traded between $1,821.30 and $1,833.80. They advanced 1.5% on Tuesday and they dipped 0.1% on Monday.
Silver for March delivery retreated 7.7 cents, or 0.3%, to close at $24.194 an ounce. Silver futures ranged from $24.05 to $24.53. They surged 4.6% on Tuesday, for their highest settlement since April 21, and they gave back 0.6% on Monday.
In PGM futures on Wednesday:
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January platinum declined $11, or 1.1%, to $1,002 an ounce, trading between $996.60 and $1,017.50.
- Palladium for March delivery fell $66.70, or 3.9%, to $1,666.80 an ounce, ranging between $1,660 and $1,739.50.
US Mint Bullion Sales in 2022
Published United States Mint bullion sales last changed on Nov. 21. 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) | |||||||
|---|---|---|---|---|---|---|---|
| December | July | August | September | October | November | 2022 Sales | |
| $50 American Eagle 1 Oz Gold Coin | 0 | 59,500 | 47,500 | 47,500 | 59,500 | 6,000 | 846,000 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 5,000 | 2,000 | 0 | 2,000 | 0 | 75,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 2,000 | 4,000 | 4,000 | 2,000 | 0 | 140,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 20,000 | 20,000 | 15,000 | 15,000 | 0 | 575,000 |
| $50 American Buffalo 1 Oz Gold Coin | 0 | 39,500 | 22,500 | 44,500 | 39,500 | 4,500 | 410,000 |
| $1 American Eagle 1 Oz Silver Coin | 0 | 850,000 | 850,000 | 833,000 | 1,258,000 | 1,407,000 | 15,904,500 |
| $100 American Eagle 1 Oz Platinum Coin | 0 | 15,500 | 1,000 | 0 | 0 | 0 | 80,000 |
Gold ended up flat today, but did you know one ounce of gold can be flattened into a translucent sheet 0.000018 cm thick and covering 9 square meters or beaten into a thin continuous sheet measuring roughly 100 square feet.