Gold Seeker Closing Report: Gold Ends Slightly Higher While Silver Surges 2.6%
The Metals:
Gold traded modestly higher in Asia and fell slightly in London to see a 90 cent loss at $900.05 by about 6AM EST before it jumped higher in early New York trade to as high as $915.50 by about 8:45AM EST, but it then fell back off into the close and ended with a gain of just 0.28%. Silver followed a similar pattern and climbed to as high at $13.57 before it also fell back off into the close, but it still ended with a gain of 2.6%.
Euro gold climbed to about €678, platinum gained $12 to $1127, and copper fell over 6 cents to about $2.08.
Gold and silver equities rose about 2% at the open, but they then fell back off for most of the rest of the day and ended mixed and near unchanged.
