Yamana (NYSE:AUY), Silver Wheaton (NYSE:SLW), Newmont (NYSE:NEM) Drop Later in Session

Even though silver and gold futures gained on Monday, the majority of gold and silver miners were lower as the U.S. dollar was stronger on the day.

Gold for December delivery was up $3 to $1,368.50 an ounce at the Comex division of the New York Mercantile Exchange.

Silver for December delivery increased by 58 cents, or 0.2%, to $26.09 an ounce.

The U.S. dollar index rose by 0.45 percent to $78.43 while the euro weakened, falling to $1.36 against the dollar.

Yamana closed Monday at $11.46, losing $0.24, or 2.05 percent. Silver Wheaton ended the trading session at $32.99, falling $0.80, or 2.37 percent. Newmont Mining closed at $60.66, dropping $0.89, or 1.45 percent.

According to forecasters surveyed by the Philadelphia Federal Reserve, the U.S. economy is expected to grow at a slower pace than thought, and the 9.6 percent unemployment rate should remain level.