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Gold Summary for Aug. 23, 2024

2024-08-23 17:43 ET - Market Summary

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by Stockwatch Business Reporter

New York spot gold added $25.50 Friday, closing at $2,510.20. The TSX Venture Exchange rose 6.76 points to 578.03 while the TSX gold index gained 0.92 point to 368.78. Most gold miners moved higher with bullion today. Endeavour Silver Corp. (EDR) added eight cents to $4.44 on 1.19 million shares while K92 Mining Inc. (KNT) added 17 cents to $7.55 on 1.21 million shares. Aya Gold & Silver Inc. (AYA), on the other hand, dipped 20 cents to $15.85 on 679,000 shares. None of the three had recent news.

Indeed, today being Friday -- and a summer one at that -- news was as rare as gold today. Simon Ridgway and Bruce Smith's Radius Gold Inc. (RDU) rose one cent to eight cents on 791,000 shares on word that it has extended its drill program on the Plata Verde silver project in Chihuahua, Mexico. Drilling began late in June and nine holes have now been completed, with assays in hand from the first four.

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