Gold futures for December delivery climbed to $1712.70 on Monday, according to CME Group. Gold traded as high as $1,717 and as low as $1,704.20. Gold bullion closed in London at $1,716, according to BullionVault.
Silver futures for December delivery rose to $33.25 per ounce. Monday’s high for silver was $33.40, while the low was $33.14.
Gold and silver funds advanced in Monday trading.
- The SPDR Gold Trust (NYSE:GLD) increased 0.4%.
- The iShares Gold Trust (NYSE:IAU) also rose 0.4%.
- The iShares Silver Trust (NYSE:SLV) moved up 0.3%.
Gold and silver mining ETFs rose during the day.
- The Market Vectors Gold Miners ETF (NYSE:GDX) gained 1.3%.
- The Market Vectors Junior Gold Miners ETF (NYSE:GDXJ) advanced 1.2%.
- The Global X Silver Miners ETF (NYSE:SIL) rose 1.7%.
Gold mining shares mostly rose, with NovaGold Resources (NYSE:NG) outpacing the others.
- Agnico-Eagle Mines (NYSE:AEM) increased 1.1%.
- Barrick Gold (NYSE:ABX) climbed 1.8%.
- Eldorado Gold (NYSE:EGO) fell 0.2%.
- Goldcorp (NYSE:GG) gained 0.5%.
- Kinross Gold (NYSE:KGC) rose 0.4%.
- Newmont Mining (NYSE:NEM) advanced 1.6%.
- NovaGold Resources soared 2.4%.
- Yamana Gold (NYSE:AUY) slid 0.4%.
Silver mining shares moved higher on Monday.
- Coeur d’Alene Mines (NYSE:CDE) climbed 2.4%.
- Hecla Mining (NYSE:HL) rose 0.7%.
- Pan American Silver (NASDAQ:PAAS) surged 3.8%.
- Silver Wheaton (NYSE:SLW) increased 2.5%.
- Silver Standard Resources (NASDAQ:SSRI) climbed 5.2%.
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.