Though eurozone issues have settled down in recent weeks, Standard & Poor's raised its rating late Tuesday on Greece to B minus from selective default. The ratings agency said it elevated the country's rating because eurozone nations had exhibited a strong commitment to keep Greece as a euro-currency member.
Gold mining stocks were mostly lower on Wednesday. Shares of
(EGO - Get Report) were decreasing 2.6%, and shares of
(RGLD - Get Report) were shedding 1.8%.
Among volume leaders,
(AUY - Get Report) was tacking on 0.06%, while
(ABX) was off 0.38%.
SPDR Gold Trust
(GLD) was ticking slightly lower by 0.32%, while
iShares Gold Trust
(IAU) was down 0.32%.
-- Written by Joe Deaux in New York.