Gold prices settled fractionally higher in Monday trading, the metal’s first gain in three sessions.
On a mixed day for miners, Newmont Mining (NEM) declined harder than other mining stocks. NEM stock ended the day down almost 3%.
Gold futures for June delivery added 40 cents to $1,293.80 per ounce on Monday, according to CME Group. Gold prices were as high as $1,305.70 and as low as $1,289.50. Bullion closed in London at $1,295, according to BullionVault.
Silver futures for July delivery inched up 0.1% to $19.35 per ounce. Monday’s high for silver was $19.69, while the low was $19.31.
Here’s how metal-based funds and mining stocks fared on Monday:
Gold and Silver Funds
- The SPDR Gold Shares (GLD) rose 0.1%.
- The iShares Gold Trust (IAU) was flat.
- The iShares Silver Trust (SLV) added 0.1%.
Gold and Silver Mining ETFs
- The Market Vectors Gold Miners ETF (GDX) was flat.
- The Market Vectors Junior Gold Miners ETF (GDXJ) slipped 0.3%.
- The Global X Silver Miners ETF (SIL) gained 0.6%.
- Agnico Eagle Mines (AEM) advanced 0.3%.
- Barrick Gold (ABX) declined 0.4%.
- Eldorado Gold rose 0.2%.
- Goldcorp (GG) sank 0.2%.
- Kinross Gold (KGC) climbed 2%.
- NEM stock dropped 2.7%.
- NovaGold Resources (NG) climbed 1%.
- Yamana Gold (AUY) added 1.5%.
- Coeur d’Alene Mines (CDE) gained 1.1%.
- Hecla Mining (HL) slipped 0.2%.
- Pan American Silver (PAAS) edged up 0.2%.
- Silver Wheaton (SLW) gained 1.5%.
- Silver Standard Resources (SSRI) climbed 2.1%.
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.