In precious metals Tuesday, palladium gained while gold, silver and platinum declined. Gold’s loss was its first in three sessions. The precious metal slipped from an 8-month high.
Gold for February delivery shed $1.30, or 0.07%, to settle at $1,876.50 an ounce on the Comex division of the New York Mercantile Exchange.
"Gold and silver prices are near steady and silver prices a bit weaker in midday U.S. trading Tuesday, on normal corrective pullbacks and consolidation following recent gains. A firmer U.S. dollar index and an uptick in U.S. Treasury yields were bearish outside market forces for the metals on this day," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.
Gold futures traded between $1,872 and $1,885.20. They rose 0.4% on Monday, ending at their highest price since May 6.
Silver for March delivery gave back 20.6 cents, or 0.9%, to settle at $23.665 an ounce. Silver futures ranged from $23.55 to $23.91. They dipped 0.5% on Monday.
In other precious metals futures Tuesday:
-
April platinum fell $10.10, or 0.9%, to $1,088.50 an ounce, ranging from $1,082.50 to $1,097.90.
- Palladium for March delivery climbed $1.90, or 0.1%, to $1,777.30 an ounce, trading between $1,766 and $1,811.
US Mint Bullion Sales in 2023
Published United States Mint bullion sales last changed on Dec. 29. 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) | |||||||
|---|---|---|---|---|---|---|---|
| August | September | October | November | December | 2022 Sales | 2023 Sales | |
| $50 American Eagle 1 Oz Gold Coin | 47,500 | 47,500 | 59,500 | 6,000 | 4,000 | 850,000 | 0 |
| $25 American Eagle 1/2 Oz Gold Coin | 2,000 | 0 | 2,000 | 0 | 0 | 75,000 | 0 |
| $10 American Eagle 1/4 Oz Gold Coin | 4,000 | 4,000 | 2,000 | 0 | 0 | 140,000 | 0 |
| $5 American Eagle 1/10 Oz Gold Coin | 20,000 | 15,000 | 15,000 | 0 | 0 | 575,000 | 0 |
| $50 American Buffalo 1 Oz Gold Coin | 22,500 | 44,500 | 39,500 | 4,500 | 0 | 410,000 | 0 |
| $1 American Eagle 1 Oz Silver Coin | 850,000 | 833,000 | 1,258,000 | 1,407,000 | 59,000 | 15,963,500 | 0 |
| $100 American Eagle 1 Oz Platinum Coin | 1,000 | 0 | 0 | 0 | 0 | 80,000 | 0 |
