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Opening Glance: Gold-mining shares fall in early trading



23 April 2008 @ 10:07 am EST

NEW YORK (AP) - Shares of gold-mining companies fell early Wednesday as the price of the precious metal slipped in European trading.

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Quotes
GFI 12.33 -0.07
NEM 50.15 -0.84
ABX 45.09 -0.09
GG 45.26 -0.75

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Gold traded in London at $916.25 per troy ounce, down from $919 late Tuesday. In Zurich, gold traded at $913.20 bid per troy ounce, down from $917.60.

Here is how some gold-mining companies are trading:

Goldcorp Inc. fell $1.49, or 3.7 percent, to $38.81.

Gold Fields Ltd. fell 21 cents to $14.04.

Newmont Mining Corp. fell $1.11, or 2.5 percent, to $43.53.

Barrick Gold Corp. fell $1.33, or 3.2 percent, to $41.35.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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