Kinross Gold (NYSE:KGC) and Goldcorp (NYSE:GG) Eldorado Gold (NYSE:EGO) Share Prices Fall

Gold futures prices have been moving slightly up and down today, and it seem gold mining companies like Kinross Gold (TSE:K) (NYSE:KGC) and Goldcorp (NYSE:GG) (TSE:G) Eldorado Gold (TSE:ELD) (NYSE:EGO) are moving in unison with them.

As the day is going on, gold prices have started to fall a little more, dropping by $3.50 at 12:30 p.m. EST to $1,233.60.

Other gold miners such as Freeport McMoRan (NYSE:FCX), Newmont (NYSE:NEM) and Randgold (Nasdaq:GOLD) have also moved down, giving back some of the last couple of days increase in share price.

This breather should be temporary, as it looks like gold mining companies have finally been taken notice of by the market, and are now performing in a way which mirrors more closely the movement of gold futures prices.