Gold moved fractionally higher in Wednesday trading prior to the release of the minutes of the Federal Reserve’s June Federal Open Market Committee meeting. Gold rose more strongly in after-hours trading following the minutes’ release.

Gold futures for August delivery edged up 0.1% to $1,247.40 per ounce Wednesday, according to CME Group. Gold traded as high as $1,260.80 and as low as $1,242.20. Gold bullion closed in London at $1,255, according to BullionVault.

Silver futures for August delivery also gained 0.1% to $19.16 per ounce. Wednesday’s high for silver was $19.26, while the low was $19.

Gold and silver funds were mixed in Wednesday trading.

• The SPDR Gold Trust (GLD) rose 0.2%.
• The iShares Gold Trust (IAU) climbed 0.3%.
• The iShares Silver Trust (SLV) slipped 0.4%.

Gold and silver mining ETFs were also mixed during the day.

• The Market Vectors Gold Miners ETF (GDX) was flat.
• The Market Vectors Junior Gold Miners ETF (GDXJ) gained 0.7%.
• The Global X Silver Miners ETF (SIL) fell 1%.

Gold mining shares were mostly lower Wednesday.

• Agnico-Eagle Mines (AEM) dropped 0.7%.
• Barrick Gold (ABX) added 0.7%.
• Eldorado Gold (EGO) dipped 0.5%.
• Goldcorp (GG) was flat.
• Kinross Gold (KGC) climbed 0.9%.
• Newmont Mining (NEM) fell 1.7%.
• NovaGold Resources (NG) tumbled 4.5%.
• Yamana Gold (AUY) rose 0.9%.

Silver mining shares mostly declined during the day.

• Coeur d’Alene Mines (CDE) fell 1.1%.
• Hecla Mining (HL) gained 0.5%.
• Pan American Silver (PAAS) dropped 2.6%.
• Silver Wheaton (SLW) slid 0.1%.
• Silver Standard Resources (SSRI) added 0.5%.

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.