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Closing Glance: Gold mining companies close higher



By AP
25 June 2008 @ 04:06 pm EST

NEW YORK - Shares of gold mining companies closed higher Wednesday as a rising dollar helped offset the effect of falling gold prices.

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Quotes
GFI 6.89 -0.94
NEM 34.4 -1.18
ABX 30.01 -2.08
GG 24.65 -2.09

SYMBOL LOOKUP

Gold for August delivery lost $10.40 to $881.20 an ounce on the New York Mercantile Exchange. The dollar fell against most major currencies.

Here is how some gold miners fared:

Goldcorp Inc., down 5 cents to $41.62

Gold Fields Ltd., up 32 cents, or 2.8 percent, to $11.60

Newmont Mining Corp., up 12 cents to $50.45

Barrick Gold Corp., down 49 cents to $40.46

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 This material may not be published, broadcast, rewritten or redistributed.

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