The Mining Stock Report

Monday marked an end of consecutive all-time highs for the price of gold, as the yellow metal pulled back while silver continued to climb since breaking the $40 / ounce barrier last week.

Gold for June delivery saw its price fall by $6 to settle in at $1468.10 / ounce, on the Comex Division of the New York Mercantile Exchange. Gold has traded at a peak of $1478 and dipped as low as $1465.40, while the spot price of gold dropped $14 / ounce.

On Friday, gold hit a new high, where investors took some profits off the table. Silver prices though continued to drive forward, as it gained another $0.62 to finish up the day at $41.23 an ounce, good for a 2.6% gain, and 7% fo the week.

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