by Christopher Freeburn | August 7, 2013 4:34 pm
After sinking to a three-week low early in the session, gold rebounded in Wednesday trading to end the day with a small gain. The metal improved as the U.S. dollar sank against other currencies.
Silver futures for December delivery dipped 0.1% $19.56 per ounce. Wednesday’s high for silver was $19.61, while the low was $19.15.
Gold and silver funds mostly showed a small improvement in Wednesday trading.
Gold and silver mining ETFs were mixed during the day.
Gold mining shares mostly declined on Wednesday.
Silver mining shares mostly gained during the day.
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.
Source URL: http://investorplace.com/2013/08/gold-gets-boost-from-weaker-u-s-dollar/
Short URL: http://invstplc.com/1nxG96U
Copyright ©2017 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.