Silver prices reveresed earlier losses and settled 37 cents lower to $18.80 while copper closed up 5 cents to $2.94.
Gold mining stocks, a more risky but more profitable way to invest in gold, were losing steam. Agnico-Eagle (AU) was down more than 3% to $62.78 while Eldorado Gold (EGO - Get Report) was losing 2.78% to $17.86. Other gold stock such as Harmony Gold (HMY - Get Report) and Hecla Mining (HL - Get Report) were down at $10.17 and $5.69, respectively.
-- Written by Alix Steel in New York.