Gold gained $8.60 to $1252.90 in Asia before it fell back towards unchanged in early afternoon New York trade, but it then bounced back higher into the close and ended with a gain of 0.39%.Silver climbed up to $16.70 before it fell back to $16.563, but it then jumped to a new session high of $17.747 in the last hour of trade and ended with a gain of 0.66%.
Euro gold fell to about €1101, platinum gained $3 to $918, and copper climbed a couple of cents to about $2.67.
Gold and silver equities rose roughly 1% at the open, but they then drifted back lower for most of the rest of the day and ended with over 1% losses.
Seabridge Gold’s (SA) regulatory amendment, New Gold’s (NGD) development update, and NovaGold’s (NG) second quarter results were among the big stories in the gold and silver mining industry making headlines today.
NG +5.25% $4.81
ALO +3.39% $5.49
GPL +3.33% $1.24
GSV -6.91% $1.75
TRQ -6.32% $2.52
NAK -4.90% $1.36
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
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