Gold Dips, Silver Inches Up Wednesday

by Angela Nazworth | August 22, 2012 4:37 pm

PreciousMetalsRecap Gold Dips, Silver Inches Up Wednesday[1]Gold futures were down 0.2% Wednesday, with a final bid of $1,637.60 per ounce, according to CME Group data[2]. 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[3].

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.

Gold and silver mining ETFs jumped as well.

Gold mining shares had a good day, Wednesday, with Eldorado Gold (NYSE:EGO[9]) leading the way.

Silver mining shares also headed north today.

As of this writing, Angela Nazworth did not hold a position in any of the aforementioned securities. Adrian Ash of BullionVault[22] contributed to this report.

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  2. CME Group data:
  3. BullionVault:
  4. GLD:
  5. IAU:
  6. SLV:
  7. GDX:
  8. SIL:
  9. EGO:
  10. AEM:
  11. ABX:
  12. GG:
  13. KGC:
  14. NEM:
  15. NG:
  16. AUY:
  17. CDE:
  18. HL:
  19. PAAS:
  20. SLW:
  21. SSRI:
  22. BullionVault:

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