Gold Seeker Closing Report: Gold Gains While Stocks Drop

Jon Gold, Market Commentary, Precious Metals, Silver

The Metals:
Gold dropped $10.06 to $1207.14 by a little after 3AM EST, but it then rose to as high as $1224.40 in New York and ended with a gain of 0.31%. Silver slipped to as low as $17.393 before it also rallied back higher at times, but it still ended with a loss of 1.07%.
Euro gold rose to about 958, platinum lost $5 to $1309, and copper dropped a couple of cents to about $3.04.
Gold and silver equities fell over 1% at the open, but they soon rallied back to about unchanged and ended mixed on the day.

This post was published at GoldSeek on 25 September 2014.