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Opening Glance: Gold stocks open mixed on stronger dollar



07 May 2008 @ 10:40 am EST

NEW YORK (AP) - Shares of gold-mining companies opened mixed Wednesday as the precious metal lost value in European trading and the U.S. dollar gained value.

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Quotes
GFI 11.88 -0.07
NEM 48.01 -0.95
ABX 44.44 -0.25
GG 43.86 -0.51

SYMBOL LOOKUP

Gold traded in London at $874 per troy ounce, down from $880 late Wednesday. The euro traded at $1.5418, down from $1.5533 late Tuesday in New York.

How some gold miners are trading:

Goldcorp Inc. rose 29 cents $37.15.

Gold Fields Ltd. rose 6 cents to $13.65.

Newmont Mining Corp. fell 90 cents to $45.07.

Barrick Gold Corp. fell 29 cents to $39.10.

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 This material may not be published, broadcast, rewritten or redistributed.

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