Gold edged higher in Wednesday trading as buyers took advantage of recent price declines and the U.S. dollar weakened relative to other currencies.

Gold futures for December delivery rose to $1,753 on Wednesday, according to CME Group. Gold traded as high as $1,755 and as low as $1,744. Gold bullion closed in London at $1,752, according to BullionVault.

Silver futures for December delivery also closed up at $33.23 per ounce. Wednesday’s high for silver was $33.30, while the low was $32.88.

Gold and silver funds rose in Wednesday trading.

• The SPDR Gold Trust (NYSE:GLD) edged up 0.1%.
• The iShares Gold Trust (NYSE:IAU) was flat.
• The iShares Silver Trust (NYSE:SLV) gained 0.6%.

Gold and silver mining ETFs posted gains during the day.

• The Market Vectors Gold Miners ETF (NYSE:GDX) rose 0.8%.
• The Market Vectors Junior Gold Miners ETF (NYSE:GDXJ) increased 0.7%.
• The Global X Silver Miners ETF (NYSE:SIL) moved up 0.3%.

Gold mining shares moved higher on Wednesday, with Eldorado Gold (NYSE:EGO) rising the highest.

• Agnico-Eagle Mines (NYSE:AEM) climbed 2%
• Barrick Gold (NYSE:ABX) increased 0.3%.
• Eldorado Gold rose 2.3%.
• Goldcorp (NYSE:GG) advanced 0.8%.
• Kinross Gold (NYSE:KGC) gained 0.9%.
• Newmont Mining (NYSE:NEM) edged up 0.3%.
• NovaGold Resources (NYSE:NG) rose 2.1%.
• Yamana Gold (NYSE:AUY) improved 2.2%.

Silver mining shares advanced in Wednesday trading.

• Coeur d’Alene Mines (NYSE:CDE) gained 1.8%.
• Hecla Mining (NYSE:HL) moved up 0.2%.
• Pan American Silver (NASDAQ:PAAS) increased 1.1%.
• Silver Wheaton (NYSE:SLW) climbed 0.4%.
• Silver Standard Resources (NASDAQ:SSRI) rose 2.9%.

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.