Investors looking to gold and silver for safety as equities drop, pushing up the price of the precious metals, and miners like Eldorado Gold Corporation (NYSE:EGO), AngloGold Ashanti (NYSE:AU), NovaGold Resources Inc. (AMEX:NG) and Agnico-Eagle (NYSE:AEM).
The most actively traded gold contract, for June delivery, was recently up $19.70, or $1.3 percent, at $1,512.10 a troy ounce on the Comex division of the New York Mercantile Exchange.
Silver prices are up with the most actively traded contract, for July delivery, recently up 22.3 cents, or 0.6 percent, at $35.155 a troy ounce.
AngloGold Ashanti (AU) was trading at $46.16, gaining $0.55, or $1.21 percent, as of 1:14 PM EDT. Agnico-Eagle (AEM) was trading at $63.47, gaining $0.57, or 0.91 percent. NovaGold Resources Inc. (NG) was at $10.61, rising $0.31, or 3.01 percent. Eldorado Gold Corporation (NYSE:EGO) was trading at $15.77, climbing $0.29, or 1.87 percent.
No comments:
Post a Comment