After hitting a one-year high yesterday, gold remained flat in Tuesday trading as investors braced themselves for the U.S. jobs report, due later this week.
Gold futures for December delivery fell to $1,775.60 on Tuesday, according to . Gold traded as high as $1,786.60 and as low as $1,772.30. Gold bullion closed in London at $1,776, according to .
Silver futures for December delivery also slipped, closing down at $34.67 per ounce. Tuesday’s high for silver was $35.12, while the low was $34.42.
Gold and silver funds edged lower in Tuesday trading.
- The SPDR Gold Trust (NYSE:) slipped 0.1%.
- The iShares Gold Trust (NYSE:) also fell 0.1%.
- The iShares Silver Trust (NYSE:) declined 0.5%.
Gold and silver mining ETFs also posted modest declines during the day.
- The Market Vectors Gold Miners ETF (NYSE:) dropped 0.6%.
- The Market Vectors Junior Gold Miners ETF (NYSE:) fell 1%.
- The Global X Silver Miners ETF (NYSE:) dipped 0.2%.
Gold mining shares mostly fell on Tuesday, with NovaGold Resources (AMEX:
) falling the hardest.
- Agnico-Eagle Mines (NYSE:) moved lower 0.5%
- Barrick Gold (NYSE:) slid 0.7%.
- Eldorado Gold (NYSE:) dipped 0.8%.
- Goldcorp (NYSE:) fell 1.3%.
- Kinross Gold (NYSE:) rose 1.5%.
- Newmont Mining (NYSE:) edged down 0.1%.
- NovaGold Resources dropped 2.1%.
- Yamana Gold (NYSE:) declined 1.1%
Silver mining shares closed mostly down in Tuesday trading.
- Coeur d’Alene Mines (NYSE:) fell 2.4%.
- Hecla Mining (NYSE:) slid 0.8%.
- Pan American Silver (NASDAQ:) gained 0.6%.
- Silver Wheaton (NYSE:) declined 1.1%.
- Silver Standard Resources (NASDAQ:) dropped 1.5%.
As of this writing, Christopher Freeburn did not hold a position in any of the aforementioned securities. Adrian Ash of contributed to this report.
