Miners (GOLD) (ANV) (EGO) (PZG) (NCMGY) Trade Up as Gold, Silver Rebound

Gold miners Randgold (NASDAQ:GOLD), Allied Nevada Gold (AMEX:ANV), Eldorado Gold Corporation (NYSE:EGO), Paramount Gold and Silver (AMEX:PZG) and Newcrest Mining (OTC:NCMGY.PK) closed up Monday as gold prices turned around on Monday.

Gold for June delivery increased $11.86 to settle at $1,503.20 at the Comex division of the New York Mercantile Exchange after dropping 4.8 percent in a week. The gold price Monday traded in a range as high as $1,512 and as low as $1,489.

Silver prices jumped $1.82 to close at $37.11 an ounce after plunging 27 percent last week.

According to research firm Lipper, last week almost $1 billion flowed out of silver exchange traded funds (ETFs).

Paramount Gold and Silver (AMEX:PZG) closed Monday at $2.99, gaining $0.16, or 5.65 percent.