Gold Seeker Closing Report: Gold and Silver Hold 1% Gains in Face of Stocks Reversal
By: Chris Mullen, Gold Seeker Report
-- Published: Thursday, 27 December 2018 | Print | Disqus
Gold gained $12.70 to $1278.90 in early afternoon New York trade before it edged back lower into the close, but it still ended with a gain of 0.69%. Silver rose to as high as $15.267 and ended with a gain of 1.33%.
Euro gold remained at €1115, platinum lost $1 to $795, and copper dropped 2 cents to about $2.68.
Gold and silver equities rose over 1% at the open before they chopped back lower at times, but they then rallied back higher in late trade and ended near their highs of the session.
Eldorado’s (EGO) closed 5:1 consolidation of common shares and Coeur’s (CDE) initial reserve and updated resource estimates were among the big stories in the gold and silver mining industry making headlines today.
USAS +5.19% $1.62
TRQ +4.67% $1.57
BTG +4.66% $2.92
DRD -7.46% $2.11
HL -2.89% $2.35
HMY -2.89% $1.68
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
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