Silver's (SLW) (FVITF) (ISVLF) (MFN) (EXK) Trade Up as Silver, Gold Rebound

Silver companies Silver Wheaton (NYSE:SLW), Fortuna (OTC:FVITF.PK), Impact Silver (OTC:ISVLF.PK), Minefinders Corp. Ltd. (AMEX:MFN) and Endeavour Silver (AMEX: EXK) closed up Monday as silver prices turned around on Monday.

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).

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.

The U.S. dollar fell to $1.434 against the euro and dropped against the Japanese yen to 80.24 yen.

Endeavour Silver (AMEX: EXK) closed Monday at $10.11, gaining $0.81, or 8.71 percent. Impact Silver (ISVLF) closed at $2.282, jumping $0.2595, or 12.83 percent.