Gold rose slightly in Monday trading as the last week’s U.S. dollar rally faded and the greenback weakened against other currencies.

Gold futures for December delivery edged up 0.1% to $1,314.70 per ounce on Monday, according to CME Group. Gold traded as high as $1,322.40 and as low as $1,310.80. Bullion closed in London at $1,316, according to BullionVault.

Silver futures for December sank 0.6% to $21.70 per ounce. Monday’s high for silver was $21.94, while the low was $21.61.

Metal funds declined in Monday trading.

• The SPDR Gold Shares (GLD) dipped 0.1%.
• The iShares Gold Trust (IAU) slid 0.1%.
• The iShares Silver Trust (SLV) dropped 1%.

Mining ETFs rose during the day.

• The Market Vectors Gold Miners ETF (GDX) gained 3.1%.
• The Market Vectors Junior Gold Miners ETF (GDXJ) added 2.1%.
• The Global X Silver Miners ETF (SIL) increased 1.9%.

Gold stocks improved strongly on Monday.

• Agnico-Eagle Mines (AEM) gained 2%.
• Barrick Gold (ABX) rose 1.6%.
• Eldorado Gold (EGO) moved down 3.2%.
• Goldcorp (GG) added 3%.
• Kinross Gold (KGC) climbed 3.9%.
• Newmont Mining (NEM) surged 5.2%.
• NovaGold Resources (NG) moved up 3.8%.
• Yamana Gold (AUY) gained 1.3%.

Silver mining shares advanced during the day.

• Coeur d’Alene Mines (CDE) added 2.9%.
• Hecla Mining (HL) was flat.
• Pan American Silver (PAAS) increased 2%.
• Silver Wheaton (SLW) edged up 0.3%.
• Silver Standard Resources (SSRI) slid 1.3%.

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.