Gold Seeker Closing Report: Gold and Silver Gain With Stocks
By: Chris Mullen, Gold Seeker Report
-- Published: Monday, 26 February 2018 | Print | Disqus
Gold gained $11.50 to $1340.80 in Asia before it fell back to $1330.20 by midday in New York, but it then bounced back higher in afternoon trade and ended with a gain of 0.29%. Silver rose to as high as $16.763 and ended with a gain of 0.67%.
Euro gold rose to about €1083, platinum gained $2.50 to $997, and copper dropped a penny to about $3.20.
Gold and silver equities rose over 1% in the first half hour of trade before they fell back to about unchanged by early afternoon, but they then climbed back higher into the close and ended almost 1% higher on the day.
Pretium’s (PVG) mine ramp-up, Gold Resource’s (GORO) dividend, Sandstorm’s (SAND) asset updates, Coeur’s (CDE) PEA, Alexco’s (AXU) credit facility, and Excellon’s (EXN.TO) milling agreement with Hecla (HL) were among the big stories in the gold and silver mining industry making headlines today.
TAHO +20.55% $4.81
PZG +6.25% $1.36
AXU +6.11% $1.39
ASM -4.51% $1.27
AUY -1.36% $2.91
AU -0.61% $9.82
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
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