Gold saw slight gains in Asia and London before it jumped up to $1207.08 by early afternoon in New York and then edged back lower into the close, but it still ended with a gain of 2.02%.Silver soared to as high as $16.484 and ended with a gain of 4.2%.
Euro gold rose to about €1104, platinum gained $26 to $1146, and copper climbed a few cents to about $2.77.
Gold and silver equities rose roughly 4% by early afternoon before they pared back a bit, but they still ended with about 2% gains.
Timberline’s (TLR) Preliminary Economic Assessment, Lake Shore’s (LSG) drill results, Randgold’s (GOLD) production and cost guidance, and Excellon’s (EXN.TO) hydrogeological study were among the big stories in the gold and silver mining industry making headlines today.
CDE +10.25% $5.70
EXK +6.84% $2.03
GFI +5.37% $4.32
DRD -2.73% $1.78
PZG -1.17% $1.69
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
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