Barrick Gold (TSE:ABX), Newmont Mining (NYSE:NEM) Rebound

Barrick Gold (TSE:ABX) (NYSE:ABX) and Newmont Mining (NYSE:NEM) rebounded with gold prices today, which reached toward the $1,200 an ounce mark again, before falling back some later in the day.

Barrick pushed hard during the day, but dropped in the latter part of trading as well, although though still finishing the session up a little, and increasing more in electronic trading. Barrick finished at $41.12, up a dime or 0.24 percent.

Volume plunged from its three-month average in New York, with 6,721,617 share trading hands, far below the average 11,310,300. In Toronto Barrick finished down by a little over 1 percent, ending the trading day at $43.48.

Newmont had been up most of the day, but also dropped near the end of the session to break even, closing at $52.34. After hours they started up again, hitting $53.40 a share at 5:30 p.m. EST.