Gold, Silver Futures Tick Up Slightly

Gold Silver GLD IAU SLVGold traded 0.1% higher Monday, with a final bid of $1,672.40 per ounce, according to . Gold prices reached a high of $1,676 and a low of $1,666.50. Gold bullion finished at $1,670 per ounce for Monday’s .

Silver futures climbed 0.1% Monday, with a final bid of $31.05 per ounce. Monday’s high for silver reached $31.23, and the low was $30.65.

Gold funds traded lower while iShares Silver Trust (NYSE:) didn’t budge on Monday.

  • The SPDR Gold Trust (NYSE:) finished 0.4% lower.
  • The iShares Gold Trust (NYSE:) also was 0.4% higher.
  • The iShares Silver Trust was flat.

Gold and silver mining ETFs suffered losses.

  • The Market Vectors Gold Miners ETF (NYSE:) dipped 1.4%.
  • The Market Vectors Junior Gold Miners ETF (NYSE:) was 1.5% lower.
  • The Global X Silver Miners ETF (NYSE:) finished 0.7% lower.

Gold mining shares fell Monday, with NovaGold Resources

taking it on the chin.

  • Agnico-Eagle Mines (NYSE:) was down 1.2%.
  • Barrick Gold (NYSE:) finished 0.8% lower.
  • Eldorado Gold (NYSE:) fell 1.5%.
  • Goldcorp (NYSE:) dipped 1.2%.
  • Kinross Gold (NYSE:) was 2.1% lower.
  • Newmont Mining (NYSE:) dropped 0.4%.
  • NovaGold Resources fell 3.2%.
  • Yamana Gold (NYSE:) finished 1.5% lower.

Silver mining shares also were lower Monday.

  • Coeur d’Alene Mines (NYSE:) dropped 1.8%.
  • Hecla Mining (NYSE:) fell 2.1%.
  • Pan American Silver (NASDAQ:) dipped 0.7%.
  • Silver Wheaton (NYSE:) was 0.9% lower.
  • Silver Standard Resources (NASDAQ:) stumbled 2%.

As of this writing, Angela Nazworth did not hold a position in any of the aforementioned securities. Adrian Ash of  contributed to this report.


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