Gold and Silver Gain With Stocks While Bonds and Dollar Drop
The Metals:
Gold rose as much as $10.65 to $988.30 by early trade in London before it fell to see a loss of $3.85 at as low as $973.80 by late morning in New York, but it then climbed back higher in the last couple of hours of trade and ended with a gain of 0.13%. Silver climbed to as high as $15.955 in late Asian trade before it fell to as low as $15.525 by late morning in New York, but it also rallied back higher in the last two hours of trade and ended with a gain of 0.76%.
Euro gold climbed near €690, platinum closed at $1210.50, and copper rose over 12 cents to about $2.32.
Gold and silver equities increased over 1% in the first half hour of trade, but they then fell back off for most of the rest of the day and ended with about 2% losses.
