International Business Times

Shares of Gold, Silver Mining Companies up with Metals' Prices

By Samuel Weigley: Subscribe to Samuel's

January 26, 2012 2:29 PM EST

Shares of gold and silver mining companies rose Thursday along with the price of the metals in a rally that outstripped broader market indexes.

The price of gold was up 1.57 percent to $1,726.8 in afternoon trading. Shares of Barrick Gold were up 1.43 percent to $49.10, shares of Goldcorp were up 2.38 percent to $48.58 and shares of Newmont Mining were up 0.60 percent to $60.61.

Meanwhile, the price of silver was up 1.77 percent to $33.71 in afternoon trading. Shares of Silver Wheaton were up 1.36 percent to 34.97 percent, while shares of Pan American Silver were up 1.21 percent.

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The Dow Jones Industrial Average was up 0.14 percent to 12,774.10 in afternoon trading, while the Nasdaq and S&P 500 were down 0.27 percent to 2,810.74 and 0.31 percent to 1,321.92, respectively.  

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