Gold, Silver Futures Tick Up Slightly

by Angela Nazworth | August 27, 2012 4:43 pm

PreciousMetalsRecap Gold, Silver Futures Tick Up SlightlyGold traded 0.1% higher Monday, with a final bid of $1,672.40 per ounce, according to CME Group data[1]. Gold prices reached a high of $1,676 and a low of $1,666.50. Gold bullion finished at $1,670 per ounce for Monday’s session in London[2].

Silver futures climbed 0.1% Monday, with a final bid of $31.05 per ounce. Monday’s high for silver reached $31.23, and the low was $30.65.

Gold funds traded lower while iShares Silver Trust (NYSE:SLV[3]) didn’t budge on Monday.

Gold and silver mining ETFs suffered losses.

Gold mining shares fell Monday, with NovaGold Resources taking it on the chin.

Silver mining shares also were lower Monday.

As of this writing, Angela Nazworth did not hold a position in any of the aforementioned securities. Adrian Ash of BullionVault[21] contributed to this report.

Endnotes:
  1. CME Group data: http://www.cmegroup.com/trading/metals/precious/gold_quotes_settlements_futures.html
  2. session in London: http://www.bullionvault.com/
  3. SLV: http://studio-5.financialcontent.com/investplace/quote?Symbol=SLV
  4. GLD: http://studio-5.financialcontent.com/investplace/quote?Symbol=GLD
  5. IAU: http://studio-5.financialcontent.com/investplace/quote?Symbol=IAU
  6. GDX: http://studio-5.financialcontent.com/investplace/quote?Symbol=GDX
  7. GDXJ: http://studio-5.financialcontent.com/investplace/quote?Symbol=GDXJ
  8. SIL: http://studio-5.financialcontent.com/investplace/quote?Symbol=SIL
  9. AEM: http://studio-5.financialcontent.com/investplace/quote?Symbol=AEM
  10. ABX: http://studio-5.financialcontent.com/investplace/quote?Symbol=ABX
  11. EGO: http://studio-5.financialcontent.com/investplace/quote?Symbol=EGO
  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. AUY: http://studio-5.financialcontent.com/investplace/quote?Symbol=AUY
  16. CDE: http://studio-5.financialcontent.com/investplace/quote?Symbol=CDE
  17. HL: http://studio-5.financialcontent.com/investplace/quote?Symbol=HL
  18. PAAS: http://studio-5.financialcontent.com/investplace/quote?Symbol=PAAS
  19. SLW: http://studio-5.financialcontent.com/investplace/quote?Symbol=SLW
  20. SSRI: http://studio-5.financialcontent.com/investplace/quote?Symbol=SSRI
  21. BullionVault: http://www.bullionvault.com

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