After a wild ride last week, gold prices finally closed up and Barrick Gold (NYSE:ABX) moved up with it in the final session on Friday.
June gold closed on Friday at $1,508.90 an ounce, up $16.50, trading in a range of $1,486.40 and $1,515.80.
For the Week gold ended up by about 1.15 percent, although still down 4 percent from the all-time high of $1,575 an ounce attained in the early part of May.
Silver closed at $35.16, up 0.6 percent, but down by about 30 percent since a record high on April 28 of $49.51.
Barrick Gold participates in the production and marketing of gold, as well as related activities like exploration and development of mines.
Barrick closed Friday at $45.60, up $0.03, or 0.07 percent. It has a market cap of 45.57 billion.
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