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Closing Glance: Gold-mining company shares rise

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16 April 2008 @ 04:10 pm EST
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NEW YORK - Shares of gold-mining companies closed higher Wednesday after the price of the precious metal increased.

Gold for June delivery added $15.70 to $947.70 an ounce on the New York Mercantile Exchange, after earlier rising as high as $952.70 its highest level in two weeks.

Here is how some sector companies fared.

Goldcorp Inc. rose $2.14, or 5.2 percent, to $43.41.

Gold Fields Ltd. rose 71 cents, or 4.9 percent, to $15.11.

Newmont Mining Corp. rose $2.46, or 5.4 percent, to $47.91.

Barrick Gold Corp. rose $2.56, or 5.9 percent, to $46.04.

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