Gold fell modestly in Monday trading as investors awaited the outcome of renewed European talks over Greek debt restructuring.
Gold futures for December delivery slipped to $1,749.10 on Monday, according to CME Group. Gold traded as high as $1,752.30 and as low as $1,746. Gold bullion closed in London at $1,752, according to BullionVault.
Silver futures for December delivery rose to $34.12 per ounce. Monday’s high for silver was $34.23, while the low was $33.89.
Gold and silver funds were mixed in Monday trading.
- The SPDR Gold Trust (NYSE:GLD) slipped 0.1%.
- The iShares Gold Trust (NYSE:IAU) also fell 0.1%.
- The iShares Silver Trust (NYSE:SLV) rose 0.1%.
Gold and silver mining ETFs mostly moved lower during the day.
- The Market Vectors Gold Miners ETF (NYSE:GDX) was flat.
- The Market Vectors Junior Gold Miners ETF (NYSE:GDXJ) dipped 0.9%.
- The Global X Silver Miners ETF (NYSE:SIL) also fell 0.9%.
Gold mining shares were mixed on Monday, with Kinross Gold (NYSE:KGC) rising highest.
- Agnico-Eagle Mines (NYSE:AEM) rose 1.5%.
- Barrick Gold (NYSE:ABX) slipped 0.8.
- Eldorado Gold (NYSE:EGO) edged up 0.1%.
- Goldcorp (NYSE:GG) dipped 0.8%.
- Kinross Gold surged 2.8%.
- Newmont Mining (NYSE:NEM) declined 0.7%.
- NovaGold Resources (NYSE:NG) rose 0.7%.
- Yamana Gold (NYSE:AUY) gained 0.1%.
Silver mining shares were mostly lower on Monday.
- Coeur d’Alene Mines (NYSE:CDE) dropped 1.9%.
- Hecla Mining (NYSE:HL) slid 0.7%.
- Pan American Silver (NASDAQ:PAAS) moved down 0.5%.
- Silver Wheaton (NYSE:SLW) improved 0.1%.
- Silver Standard Resources (NASDAQ:SSRI) slipped 0.7%.
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.