Gold prices edged higher for a second consecutive session on Tuesday, while U.S. equities markets retreated.
On a day with mixed movement for gold mining stocks, NovaGold Resources rose higher than rival miners. NovaGold Resources ended the session up more than 2%.
Gold futures for June delivery advanced 0.1% to $1,294.60 per ounce on Tuesday, according to . Gold prices were as high as $1,297.20 and as low as $1,286. Bullion closed in London at $1,296, according to .
Silver futures for July delivery climbed 5 cents to $19.40 per ounce. Tuesday’s high for silver was $19.47, while the low was $19.23.
Here’s how metal-based funds and mining stocks fared on Tuesday:
Gold and Silver Funds
- The SPDR Gold Shares () increased 0.1%.
- The iShares Gold Trust () gained 0.1%.
- The iShares Silver Trust () rose 0.2%.
Gold and Silver Mining ETFs
- The 蜜桃传媒 Vectors Gold Miners ETF () slipped 0.2%.
- The 蜜桃传媒 Vectors Junior Gold Miners ETF () sank 0.6%.
- The Global X Silver Miners ETF () fell 0.9%.
Gold Miners
- Agnico Eagle Mines () slid 1.2%.
- Barrick Gold () rose 0.6%.
- Eldorado Gold added 0.7%.
- Goldcorp () inched up 0.1%.
- Kinross Gold () sank 0.8%.
- Newmont Mining () climbed 1.2%.
- NovaGold Resources gained 2.3%.
- Yamana Gold () was flat.
Silver Miners
- Coeur d’Alene Mines () fell 2.9%.
- Hecla Mining () sank 2.3%.
- Pan American Silver () rose 0.2%.
- Silver Wheaton () declined 1.1%.
- Silver Standard Resources () slid 1.9%.
As of this writing, Christopher Freeburn did not hold a position in any of the aforementioned securities. Adrian Ash of contributed to this report.
