Gold recovered modestly on Monday after falling sharply last week as the U.S. presidential election — and a decision about future American economic policy — loomed.

Gold futures for December delivery rose to $1,683.20 on Monday, according to CME Group. Gold traded as high as $1,686.20 and as low as $1,672.50. Gold bullion closed in London at $1,688, according to BullionVault.

Silver futures for December delivery also gained, closing up at $31.13 per ounce. Monday’s high for silver was $31.23, while the low was $30.66.

Gold and silver funds moved higher in Monday trading.

• The SPDR Gold Trust (NYSE:GLD) rose 0.4%.
• The iShares Gold Trust (NYSE:IAU) also gained 0.4%.
• The iShares Silver Trust (NYSE:SLV) increased 0.7%.

Gold and silver mining ETFs retreated during the day.

• The Market Vectors Gold Miners ETF (NYSE:GDX) fell 0.7%.
• The Market Vectors Junior Gold Miners ETF (NYSE:GDXJ) dipped 0.5%.
• The Global X Silver Miners ETF (NYSE:SIL) slid 0.9%.

Gold mining shares were mixed on Monday, with NovaGold Resources (NYSE:NG) falling the most.

• Agnico-Eagle Mines (NYSE:AEM) climbed 2%.
• Barrick Gold (NYSE:ABX) fell 0.9%.
• Eldorado Gold (NYSE:EGO) dropped 1.7%.
• Goldcorp (NYSE:GG) rose 0.5%.
• Kinross Gold (NYSE:KGC) declined 1.6%
• Newmont Mining (NYSE:NEM) fell 0.7%.
• NovaGold Resources tumbled 2.8%.
• Yamana Gold (NYSE:AUY) edged up 0.2%.

Silver mining shares declined on Monday.

• Coeur d’Alene Mines (NYSE:CDE) jumped 2.5%.
• Hecla Mining (NYSE:HL) slipped 0.3%.
• Pan American Silver (NASDAQ:PAAS) retreated 1.7%.
• Silver Wheaton (NYSE:SLW) fell 1.3%.
• Silver Standard Resources (NASDAQ:SSRI) plunged 4.6%.

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.