Gold futures for April climbed 0.4% to $1,336 per ounce on Friday, according to CME Group. Gold traded as high as $1,343 and as low as $1,328. Bullion closed in London at $1,336, according to BullionVault.
Silver futures for May delivery fell 0.6% to $20.31 per ounce. Friday’s high for silver was $20.59, while the low was $20.27.
Metal funds were mostly higher on Friday.
- The SPDR Gold Shares (GLD) added 0.5%.
- The iShares Gold Trust (IAU) rose 0.5%.
- The iShares Silver Trust (SLV) dipped 0.1%.
Mining ETFs mostly improved during the day.
- The Market Vectors Gold Miners ETF (GDX) gained 0.2%.
- The Market Vectors Junior Gold Miners ETF (GDXJ) slid 0.1%.
- The Global X Silver Miners ETF (SIL) increased 0.3%.
Gold stocks mostly declined on Friday.
- Agnico-Eagle Mines (AEM) dipped 0.2%.
- Barrick Gold (ABX) edged down 0.1%.
- Eldorado Gold (EGO) fell 1.4.
- Goldcorp (GG) was flat.
- Kinross Gold (KGC) rose 0.2%.
- Newmont Mining (NEM) slipped 0.1%.
- NovaGold Resources (NG) dropped 1.7%.
- Yamana Gold (AUY) slid 1.7%.
Silver mining shares mostly faded during the day.
- Coeur d’Alene Mines (CDE) fell 0.6%.
- Hecla Mining (HL) gained 0.6%.
- Pan American Silver (PAAS) dipped 0.3%.
- Silver Wheaton (SLW) sank 0.4%.
- Silver Standard Resources (SSRI) dropped 1.7%.
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.