Gold Retreats as Greek Debt Talks Resume

by Christopher Freeburn | November 26, 2012 4:44 pm

PreciousMetalsRecap Gold Retreats as Greek Debt Talks Resume[1]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[2]. 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[3].

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.

Gold and silver mining ETFs mostly moved lower during the day.

Gold mining shares were mixed on Monday, with Kinross Gold (NYSE:KGC[10]) rising highest.

Silver mining shares were mostly lower on Monday.

As of this writing, Christopher Freeburn did not hold a position in any of the aforementioned securities. Adrian Ash of BullionVault[23] contributed to this report.

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

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