Metals and Mining
Gold Prices Drop on Profit-Taking
Stock quotes in this article:GLD
Silver prices closed down 33 cents to $17.99 while copper lost 2 cents to $3.29.
Gold mining stocks, a risky but profitable way to buy gold, suffered in recent trades. Yamana Gold(AUY) was down 1.38% to $10.04, while Freeport McMoRan Copper & Gold(FCX) fell 1.97% to $70.67. Other gold stocks AngloGold Ashanti(AU) and Kinross Gold(KGC) were trading at $43.59 and $15.48, respectively.
| More on Gold Gold Price News |
| How to Invest in Gold |
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,454.83 | 1,317.82 | 2,837.53 | 17.45 |
Oil *
107.57
|
|
DOWN
74.92 |
DOWN
2.86 |
DOWN
1.85 |
DOWN
0.14 |
10 Yr
1.74%
SPDR Gold
152.68
|
|
-0.60%
|
-0.22%
|
-0.07%
|
-0.80%
|
Data delayed 20 minutes |
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