Gold futures were down 0.2% Wednesday, with a final bid of $1,637.60 per ounce, according to CME Group data. Gold prices reached a high of $1,647.30 and a low of $1,635. Gold bullion traded at higher at $1,655 per ounce for Wednesday’s session in London, according to BullionVault.
Silver futures inched up 0.4% Wednesday, with a final bid of $29.56 per ounce. Wednesday’s high for silver reached $29.67, and the low was $29.17.
Gold and silver funds moved up Wednesday.
- The SPDR Gold Trust (NYSE:GLD) was up 1.1%.
- The iShares Gold Trust (NYSE:IAU) was 1.1% higher.
- The iShares Silver Trust (NYSE:SLV) rose 1.9%.
Gold and silver mining ETFs jumped as well.
- The Market Vectors Gold Miners ETF (NYSE:GDX) rose 2.4%.
- The Market Vectors Junior Gold Miners ETF climbed 1.9%
- The Global X Silver Miners ETF (NYSE:SIL) finished 1.7% higher.
Gold mining shares had a good day, Wednesday, with Eldorado Gold (NYSE:EGO) leading the way.
- Agnico-Eagle Mines (NYSE:AEM) was up 1.4%.
- Barrick Gold (NYSE:ABX) finished 2% higher.
- Eldorado Gold soared 4.5%.
- Goldcorp (NYSE:GG) rose 2.8%.
- Kinross Gold (NYSE:KGC) was 3.2% higher.
- Newmont Mining (NYSE:NEM) jumped 2.2%.
- NovaGold Resources (AMEX:NG) finished up 1.1%.
- Yamana Gold (NYSE:AUY) surged 3.8%.
Silver mining shares also headed north today.
- Coeur d’Alene Mines (NYSE:CDE) rose 1.5%.
- Hecla Mining (NYSE:HL) climbed 2.5%.
- Pan American Silver (NASDAQ:PAAS) rose 2.2%.
- Silver Wheaton (NYSE:SLW) finished 2.4% higher.
- Silver Standard Resources (NASDAQ:SSRI) rose 1.3%.
As of this writing, Angela Nazworth did not hold a position in any of the aforementioned securities. Adrian Ash of BullionVault contributed to this report.