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Closing Glance: Gold shares close lower



13 May 2008 @ 04:06 pm EST

NEW YORK (AP) - Shares of gold mining companies fell Tuesday as the price of the precious metal declined.

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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

SYMBOL LOOKUP

Gold for June delivery fell $15.90 to $869 an ounce in light trading on the New York Mercantile Exchange. It earlier traded as low as $861, its lowest level in a week.

Here is how some gold miners fared Tuesday:

Goldcorp Inc., down 42 cents to $39.02

Gold Fields Ltd., down 10 cents to $13.78

Newmont Mining Corp., down 22 cents to $45.04

Barrick Gold Corp., down 13 cents to $38.67

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 This material may not be published, broadcast, rewritten or redistributed.

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