Gold and Silver Surge on Election Day Tuesday
By Eric McWhinnie | November 7, 2012 9:08 AM EST
On Tuesday, gold (
In afternoon trading, the SPDR Gold Trust (NYSEARCA:GLD) gained 1.70 percent, while the iShares Silver Trust (NYSEARCA:SLV) jumped 2.60 percent. Gold miners (NYSEARCA:GDX) such as Yamana Gold (NYSE:AUY) and Goldcorp (NYSE:GG) increased 3.50 percent and 1.50 percent, respectively. Silver names such as First Majestic Silver (NYSE:AG) and Silver Wheaton (NYSE:SLW) both climbed more than 1 percent higher.
Investor Insight: Financial Storm Clouds Gather Over the United States
If you would like to receive professional analysis on miners and other precious metal investments, we invite you to try our premium service free for 14 days.
Disclosure: Long EXK, AG, HL, PHYS