(EMAILWIRE.COM, August 31, 2010 )
Dallas, Tx - Gold futures closed with a little change on Monday after moving into a narrow range session, supported by bargain hunting after four straight weeks of gains and by expectations of further weak economic indicator later this week.

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Gold for December delivery gained $1.3, or 0.1%, to $1,239.20 an ounce on the Comex division of the New York Mercantile Exchange.
Silver closed at a multi-month high.

We are seeing increased support at lower levels as markets are expecting further signs of a slowdown from economic data this week, including manufacturing and employment figures. Some are buying gold -- often viewed as a safe place to sock savings -- ahead of a possible confirmation of their fears.

SPDR Gold Trust (ETF) (NYSE:GLD) ended the day with 0.08% fall and close at $120.91, very near to its life time high of $123.56. So far this year, the ETF has jumped over 13%. The ETF has a 52-week range of $92.92-$123.56.

SPDR Gold Trust (the Trust) is an investment trust. The Trust holds gold, and from time to time, issues SPDR Gold Shares (Shares) in Baskets, in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets.

Goldcorp Inc. (USA) (NYSE:GG) slid 1.40% to $43.43 on over 4.20 million shares. So far this year, the stock has jumped over 12%. The stock has a 52-week range of $13.50-$44.50.

Goldcorp Inc. (Goldcorp) is a gold producer engaged in the operating, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico and Central and South America.
Barrick Gold Corporation (USA) (NYSE:ABX) fell 0.34% to $46.34 on 5.05 million shares. So far this year, the stock has jumped over 17%. The stock has a 52-week range of $33.65-$48.02.

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Barrick Gold Corporation (Barrick) is engaged the production and sale of gold, as well as related activities, such as exploration and mine development. Barrick also produces copper, and hold interests in oil and gas properties located in Canada.

iShares Silver Trust (ETF) (NYSE:SLV) closed 0.37% to $18.63. So far this year, the stock has jumped over 13%. The stock has a 52-week range of $14.34-$19.44.

iShares Silver Trust (the Trust) is a grantor trust. The purpose of the Trust is to own silver transferred to the Trust in exchange for shares issued by the Trust (iShares). The objective of the Trust is for the value of the iShares to reflect, at any given time, the price of silver owned by the Trust at that time less the Trust’s expenses and liabilities.
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