Annual report pursuant to Section 13 and 15(d)

Derivative Instruments and Hedging Transactions - Summary of Hedging Activities Shows Precious Metal Commodity Inventory Position Net of Open Sale and Purchase Commitments (Details)

v3.22.2.2
Derivative Instruments and Hedging Transactions - Summary of Hedging Activities Shows Precious Metal Commodity Inventory Position Net of Open Sale and Purchase Commitments (Details) - USD ($)
$ in Thousands
Jun. 30, 2022
Jun. 30, 2021
Derivatives, Fair Value [Line Items]    
Inventories $ 741,018 $ 458,019
Precious metals held under financing arrangements [1] 79,766 154,742
Inventory and precious metals held under financing arrangements 820,784 612,761
Commemorative coin inventory, held at lower of cost or net realizable value (1,434) (406)
Premium on metals position (27,059) (11,017)
Precious metal value not hedged (28,493) (11,423)
Subtotal 792,291 601,338
Commitments at market:    
Open inventory purchase commitments 681,835 987,926
Open inventory sales commitments (497,949) (590,156)
Margin sale commitments (26,984) (7,322)
In-transit inventory no longer subject to market risk (13,164) (16,707)
Unhedgeable premiums on open commitment positions 12,933 8,638
Borrowed precious metals (59,417) (91,866)
Product financing arrangements (282,671) (201,028)
Advances on industrial metals 768 287
Commitments at market (184,649) 89,772
Precious metal subject to price risk 607,642 691,110
Precious metal subject to derivative financial instruments:    
Market value of derivative financial instruments 605,039 689,592
Net precious metals subject to commodity price risk 2,603 1,518
Precious metals forward contracts at market values    
Precious metal subject to derivative financial instruments:    
Market value of derivative financial instruments 278,326 175,352
Precious metals futures contracts at market values    
Precious metal subject to derivative financial instruments:    
Market value of derivative financial instruments $ 326,713 $ 514,240
[1] Includes amounts of the consolidated variable interest entity, which is presented separately in the table below.