After a spotty trading week, gold prices finally settled up and Newmont Mining (NYSE:NEM) ended the week up with them.
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 was up by about 1.15 percent, but still down 4 percent from the all-time high of $1,575 an ounce reached 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.
Newmont Mining Corporation participates in the acquisition, exploration, and production of gold and copper properties.
Newmont closed Friday at $54.08, up $0.02, or 0.04 percent. It has a market cap of 26.70 billion.
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