Shares of Harmony Gold Mining (NYSE:HMY), Gammon Gold (NYSE:GRS), Randgold (NASDAQ:GOLD), Royal Gold (Nasdaq:RGLD), IAMGOLD Corporation (NYSE:IAG) and Agnico-Eagle (NYSE:AEM) went against the grain of gold prices, all closing up on Tuesday, even though gold prices dropped again.
Gold futures for June delivery closed down $10.60, or 0.7 percent, at $1,480.00 per ounce in New York. Trade ranged from a low $1,471.10 to a high of $1,497.50.
The yellow metal has dropped $100 or 6 percent from its record highs of over $1,575 an ounce set earlier in May.
Silver gained 0.7 percent to settle at $33.80 an ounce. Since the latter part of April it has fallen almost 33 percent from a record high of $49.51.
Agnico-Eagle (AEM) closed Tuesday at $62.44, gaining $0.83, or 1.35 percent.
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