Gold edged up to $1252.90 in Asia before it fell back to $1239.90 by a little after 9AM EST, but it then bounced back higher into the close and ended with a loss of just 0.47%.Silver slipped to as low as $16.609 and ended with a loss of 1.19%.
Euro gold fell to about €1088, platinum lost $2 to $918, and copper climbed 2 cents to about $2.70.
Gold and silver equities fell about 2% in the first 10 minutes of trade and remained near that level for the rest of the day.
Goldcorp’s (GG) sale of its 21% minority interest in the San Nicolas copper-zinc project and Nevsun’s (NSU) drill results were among the big stories in the gold and silver mining industry making headlines today.
GORO +4.41% $4.26
NSU +3.83% $2.44
FCX +0.75% $12.08
ALO -20.44% $4.54
NG -5.29% $4.48
AGI -4.83% $6.90
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
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