Gold Dips, Silver Inches Up Wednesday

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

Gold Dips, Silver Inches Up Wednesday

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.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2011/10/PreciousMetalsRecap.gif
  2. CME Group data: http://www.cmegroup.com/trading/metals/precious/gold_quotes_settlements_futures.html
  3. BullionVault: http://www.bullionvault.com/
  4. GLD: http://studio-5.financialcontent.com/investplace/quote?Symbol=GLD
  5. IAU: http://studio-5.financialcontent.com/investplace/quote?Symbol=IAU
  6. SLV: http://studio-5.financialcontent.com/investplace/quote?Symbol=SLV
  7. GDX: http://studio-5.financialcontent.com/investplace/quote?Symbol=GDX
  8. SIL: http://studio-5.financialcontent.com/investplace/quote?Symbol=SIL
  9. EGO: http://studio-5.financialcontent.com/investplace/quote?Symbol=EGO
  10. AEM: http://studio-5.financialcontent.com/investplace/quote?Symbol=AEM
  11. ABX: http://studio-5.financialcontent.com/investplace/quote?Symbol=ABX
  12. GG: http://studio-5.financialcontent.com/investplace/quote?Symbol=GG
  13. KGC: http://studio-5.financialcontent.com/investplace/quote?Symbol=KGC
  14. NEM: http://studio-5.financialcontent.com/investplace/quote?Symbol=NEM
  15. NG: http://studio-5.financialcontent.com/investplace/quote?Symbol=NG
  16. AUY: http://studio-5.financialcontent.com/investplace/quote?Symbol=AUY
  17. CDE: http://studio-5.financialcontent.com/investplace/quote?Symbol=CDE
  18. HL: http://studio-5.financialcontent.com/investplace/quote?Symbol=HL
  19. PAAS: http://studio-5.financialcontent.com/investplace/quote?Symbol=PAAS
  20. SLW: http://studio-5.financialcontent.com/investplace/quote?Symbol=SLW
  21. SSRI: http://studio-5.financialcontent.com/investplace/quote?Symbol=SSRI
  22. BullionVault: http://www.bullionvault.com

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