Palladium climbed slightly on Thursday while gold, silver and platinum posted solid losses — 1.7% for both gold and platinum and 2.4% for silver.
Gold for February delivery lost $30.10 to settle at $1,795.30 an ounce on the Comex division of the New York Mercantile Exchange.
"Technically, February gold futures bulls still have the overall near-term technical advantage. A six-week-old uptrend is in place on the daily bar chart. Bulls’ next upside price objective is to produce a close above solid resistance at the December high of $1,850.00. Bears’ next near-term downside price objective is pushing futures prices below solid technical support at $1,775.00," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.
Gold futures traded between $1,792.70 and $1,829.30. They were unchanged on Wednesday, they advanced 1.5% on Tuesday, and they dipped 0.1% on Monday.
Silver for March delivery dropped 57.2 cents to end at $23.622 an ounce. Silver futures ranged from $23.74 to $24.44. They retreated 0.3% on Wednesday, they soared 4.6% on Tuesday, for their highest settlement since April 21, and they gave back 0.6% on Monday.
In other precious metals prices on Thursday:
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January platinum fell $17.40 to $984.60 an ounce, trading between $971.40 and $1,009.60.
- Palladium for March delivery added $5.60, or 0.3%, to $1,672.40 an ounce, ranging between $1,656.50 and $1,737.
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 |
