Gold futures for February delivery climbed 0.5% to $1,669.40 on Monday, according to CME Group. Gold traded as high as $1,674.80 and as low as $1,659.50. Gold bullion closed in London at $1,670, according to BullionVault.
Silver futures for February delivery gained 2.3% to $31.08 per ounce. Monday’s high for silver was $31.12, while the low was $30.58.
Gold and silver funds advanced slightly in Monday trading.
- The SPDR Gold Trust (NYSE:GLD) rose 0.3%.
- The iShares Gold Trust (NYSE:IAU) also increased 0.3%.
- The iShares Silver Trust (NYSE:SLV) climbed 1.9%.
Gold and silver mining ETFs mostly rose during the day.
- The Market Vectors Gold Miners ETF (NYSE:GDX) fell 0.4%.
- The Market Vectors Junior Gold Miners ETF (NYSE:GDXJ) gained 0.3%.
- The Global X Silver Miners ETF (NYSE:SIL) fell 0.5%.
Gold mining shares were mostly down, with Goldcorp (NYSE:GG) bucking the trend.
- Agnico-Eagle Mines (NYSE:AEM) fell 0.3%.
- Barrick Gold (NYSE:ABX) slipped 0.2%.
- Eldorado Gold (NYSE:EGO) edged down 0.2%.
- Goldcorp gained 0.4%.
- Kinross Gold (NYSE:KGC) was flat.
- Newmont Mining (NYSE:NEM) slid 1%.
- NovaGold Resources (AMEX:NG) also dipped 1%.
- Yamana Gold (NYSE:AUY) fell 0.7%.
Silver mining shares mostly moved higher on Monday.
- Coeur d’Alene Mines (NYSE:CDE) climbed 0.6%.
- Hecla Mining (NYSE:HL) advanced 0.5%.
- Pan American Silver (NASDAQ:PAAS) gained 2%.
- Silver Wheaton (NYSE:SLW) rose 0.1%
- Silver Standard Resources (NASDAQ:SSRI) dipped 0.3%.
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.