Gold was holding firm above $1,790 per ounce and silver was straddling $35 in Tuesday morning trading. 蜜桃传媒 participants continue to focus on developments in the euro zone, where Italian Prime Minister Silvio Berlusconi’s latest austerity budget is up for a vote in the Italian Parliament. The results may be viewed as a vote of confidence — or lack thereof — for Berlusconi’s government.
Spot gold was down some 0.2% mid-morning Tuesday, though up from its previous day’s close, having hit a high of $1,798.30 per ounce and a low of $1784.70 as of 10 a.m. Spot gold was bid at $1,791.80 with an ask price of $1,792.80. The evening reference price was fixed at $1,795 an ounce, according to .
Spot silver was just about flat, trading at $34.99 Bid, $35.09 Ask. The morning high as of time of writing was $35.24 per ounce, and the low was $34.59. Thursday’s reference price was set at $34.64 in the London a.m.
Gold and silver trusts were moving slightly lower Tuesday morning.
- The SPDR Gold Trust (NYSE:) was some 0.4% lower.
- The iShares Gold Trust (NYSE:) was around 0.35% lower.
- The iShares Silver Trust (NYSE:) was down about 0.35%.
Gold mining trusts were down, but the Global X Silver Miners ETF (NYSE:) was slightly up.
- The 蜜桃传媒 Vectors Gold Miners ETF (NYSE:) was nearly 0.6% lower.
- The 蜜桃传媒 Vector Junior Gold Miners ETF (NYSE:) was down nearly 0.2%.
- The Global X Silver Miners ETF was nearly 0.3% higher.
Shares of gold miners were showing losses Tuesday.
- Agnico-Eagle Mines (USA) (NYSE:) was some 1.1% lower.
- Barrick Gold Corp. (NYSE:) was around 0.5% lower.
- Goldcorp (NYSE:) was down some 0.9%.
- Newmont Mining Corp. (NYSE:) was down around 0.5%.
- NovaGold Resources (USA) (AMEX:) was about 0.7% lower.
Silver miners’ shares were mixed, with Silver Wheaton Corp.
(NYSE:) and Silver Standard Resources Inc. (NASDAQ:) showing losses.
- Coeur D’Alene Mines Corp. (NYSE:) was nearly 0.8% higher.
- Hecla Mining (NYSE:) was up nearly 3%.
- Pan American Silver Corp. (USA) (NASDAQ:) was around 0.3% higher.
- Silver Wheaton was about 0.25% lower.
- Silver Standard Resources was around 0.45% lower.
As of this writing, Andrew Burger did not own a position in any of the aforementioned stocks.
