Metals and Mining
Gold Prices Hit by Profit-Takers
Silver prices settled down 23 cents to $18.31 while copper closed 2 cents lower to $3.04.
Gold mining stocks, a more risky and more profitable way to invest in gold, were higher. Barrick Gold(ABX) was rising 1.24% to $43.12 while Newmont Mining(NEM) was adding more than 1.50% to $55.50. Other large gold miners AngloGold Ashanti(AU) and Goldcorp(GG) were trading higher at $42.80 and $44.18, respectively.
Shares of Freeport McMoran Copper & Gold(FCX) were rallying 3.81% to $69.02 while Yamana Gold(AUY) was trading more than 2% higher at $10.90.
Shares of the gold exchange-traded fund, SPDR Gold Shares(GLD), were slipping 0.22% to $119.65.
| More on Gold Gold Price News |
| How to Invest in Gold |
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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