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Opening Glance: Gold stocks open mixed on stronger dollar

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By AP
07 May 2008 @ 10:40 am ET

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

Quotes

GFI	14.16	0
NEM	43.28	-0.06
ABX	34.2	-0.31
GG	42.36	-0.03

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 2009 The Associated Press. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

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