U.S. Markets closed

Gold, silver recover losses from last week

The Associated Press

Gold and silver futures ended higher Monday, recovering the ground they lost Friday.

The actively traded August contract for gold rose $18.90 to $1,411.90 an ounce, a gain of 1.4 percent. Silver for July delivery rose 47.8 cents to $22.72 an ounce.

Other metals prices also rose.

July platinum rose $35.60 to $1,497.40 an ounce, September palladium rose $5.40 to $759.05 an ounce and July copper rose 3.8 cents to $3.3305 a pound.

In agricultural futures trading, corn for July delivery fell 6.25 cents to $6.5575 a bushel, a loss of 0.9 percent.

Soybeans for delivery in the same month rose 22.5 cents to $15.325 a bushel. July wheat rose 3.25 cents to $7.0875 a bushel.

The price of crude oil rose $1.48 to $93.45 a barrel, or 1.6 percent.

In other energy futures trading, wholesale gasoline rose 3 cents to end at $2.79 a gallon, heating oil rose 5 cents to finish at $2.83 per gallon and natural gas advanced by about a cent to end at $3.99 per 1,000 cubic feet.