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Gold Seeker Closing Report: Gold and Silver Cut Early Losses and End Slightly Lower

Posted on July 07, 2008

Gold fell $17 from Thursday s pre-holiday close to as low as $914.60 by midmorning in New York on Monday, but it then stormed back higher in the last hour and a half of trade and ended near its high of $928 with a loss of just 0.53%. Silver traded about 2% lower in Asia and London before it fell even further to as low as $17.54 by a little after noon EST in New York trade, but it also rallied back higher into the close and ended $0.275 of its low with a loss of 2%....

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gold , silver