GS: Gold Seeker Closing Report: Gold and Silver Gain Roughly 1%
The Metals:
Gold steadily rose throughout most of world trade to as high as $1062.65 by about 10AM EST before its fell back off a bit into the close, but it still ended with a gain of 1.35%. Silver climbed as much as $0.45 to $16.70 by about 10:30AM EST before it also fell back off in the last few hours of trade, but it still ended with a gain of 0.62%.
Euro gold rose to about €713, platinum gained $9 to $1329, and copper rose slightly to about $2.96.
Gold and silver equities rose over 2% at the open and nearly 4% by midmorning before they fell back off in early afternoon trade to see slight losses by around 2PM EST, but they then rallied back higher into the close and ended with about 1% gains.
