Bright shiny metallic sphere moving slowly for 1 minute and stopping suspended for 2 min

Upon climbing the steps from my home to the street above I spotted a highly reflective, shiny metallic sphere approximately 500+ yards in the blue sky drifting slowly south over the hill just east of the ocean. The object made no sound that I could hear and left no trail. As I watched, it stopped after about 1 min of slow drift and stayed stationary as I watched for another couple of minutes. I then retreated to my house to grab my binoculars and it had disappeared. The wind was moderate onshore to the east with scattered low clouds.