Gold futures for December delivery closed flat at $1,730.90 on Monday, according to CME Group. Gold traded as high as $1,738 and as low as $1,725.20. Gold bullion closed in London at $1,731, according to BullionVault.
Silver futures for December delivery fell slightly to $32.52 per ounce. Monday’s high for silver was $32.75, while the low was $32.18.
Gold and silver funds fell in Monday trading.
- The SPDR Gold Trust (NYSE:GLD) slipped 0.2%.
- The iShares Gold Trust (NYSE:IAU) dipped 0.1%.
- The iShares Silver Trust (NYSE:SLV) declined 0.5%.
Gold and silver mining ETFs pulled back during the day.
- The Market Vectors Gold Miners ETF (NYSE:GDX) slid 1.2%.
- The Market Vectors Junior Gold Miners ETF (NYSE:GDXJ) dropped 0.7%.
- The Global X Silver Miners ETF (NYSE:SIL) fell 0.7%.
Gold mining shares were mostly lower on Monday, with Eldorado Gold (NYSE:EGO) falling the most.
- Agnico-Eagle Mines (NYSE:AEM) rose 0.3%.
- Barrick Gold (NYSE:ABX) slid 0.5%.
- Eldorado Gold dropped 2.2%.
- Goldcorp (NYSE:GG) moved down 1.7%.
- Kinross Gold (NYSE:KGC) declined 1%.
- Newmont Mining (NYSE:NEM) dipped 0.8%.
- NovaGold Resources (NYSE:NG) fell 1.9%.
- Yamana Gold (NYSE:AUY) declined 2%.
Silver mining shares pulled back on Monday.
- Coeur d’Alene Mines (NYSE:CDE) moved down 3.4%.
- Hecla Mining (NYSE:HL) dropped 2.7%.
- Pan American Silver (NASDAQ:PAAS) fell 2.6%.
- Silver Wheaton (NYSE:SLW) retreated 2.2%.
- Silver Standard Resources (NASDAQ:SSRI) slid 2.6%.
As of this writing, Christopher Freeburn did not hold a position in any of the aforementioned securities. Adrian Ash of BullionVault contributed to this report.