Gold fell modestly in Monday trading as investors awaited the outcome of renewed European talks over Greek debt restructuring.
Gold futures for December delivery slipped to $1,749.10 on Monday, according to CME Group. Gold traded as high as $1,752.30 and as low as $1,746. Gold bullion closed in London at $1,752, according to BullionVault.
Silver futures for December delivery rose to $34.12 per ounce. Monday’s high for silver was $34.23, while the low was $33.89.
Gold and silver funds were mixed in Monday trading.
- The SPDR Gold Trust (NYSE:) slipped 0.1%.
- The iShares Gold Trust (NYSE:) also fell 0.1%.
- The iShares Silver Trust (NYSE:) rose 0.1%.
Gold and silver mining ETFs mostly moved lower during the day.
- The Market Vectors Gold Miners ETF (NYSE:) was flat.
- The Market Vectors Junior Gold Miners ETF (NYSE:) dipped 0.9%.
- The Global X Silver Miners ETF (NYSE:) also fell 0.9%.
Gold mining shares were mixed on Monday, with Kinross Gold (NYSE:
) rising highest.
- Agnico-Eagle Mines (NYSE:) rose 1.5%.
- Barrick Gold (NYSE:) slipped 0.8.
- Eldorado Gold (NYSE:) edged up 0.1%.
- Goldcorp (NYSE:) dipped 0.8%.
- Kinross Gold surged 2.8%.
- Newmont Mining (NYSE:) declined 0.7%.
- NovaGold Resources (NYSE:) rose 0.7%.
- Yamana Gold (NYSE:) gained 0.1%.
Silver mining shares were mostly lower on Monday.
- Coeur d’Alene Mines (NYSE:) dropped 1.9%.
- Hecla Mining (NYSE:) slid 0.7%.
- Pan American Silver (NASDAQ:) moved down 0.5%.
- Silver Wheaton (NYSE:) improved 0.1%.
- Silver Standard Resources (NASDAQ:) slipped 0.7%.
As of this writing, Christopher Freeburn did not hold a position in any of the aforementioned securities. Adrian Ash of contributed to this report.
