Commodities

Gold Holds Its Gains

Stock quotes in this article: RIO , FCX , EGO , GDX , IAU , GLD  

In the gold patch, the Market Vectors Gold Miners ETF (GDX Quote) was lifting in line with the broader indices, up 0.8% recently, while the Dow Jones Industrial Average was gaining 79.39 points at 12,273.52, ahead by 0.65%.

Elsewhere, shares of Eldorado Gold (EGO Quote) were rallying 3.1%, while those of Freeport-McMoRan Copper & Gold (FCX Quote) were losing 0.7%.

In base metals, March-dated Comex copper contracts were unchanged at $3.176 a pound.

In the ferrous sector, shares of iron ore miner Companhia Vale do Rio Doce (RIO Quote) were rallying 2.7% after a report in The Wall Street Journal that prices for iron ore could rise up to 10% in 2007, following a close to 20% spike this year.

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,270.47 1,093.48 2,167.88 34.29
Oil *
75.55
UP
73.00
UP
6.24
UP
18.86
DOWN
0.17
10 Yr
3.43%
SPDR Gold
109.74
+0.72%
+0.57%
+0.88%
-0.49%
Data delayed 20 minutes

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