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Tuesday, June 15, 2010

AngloGold Ashanti (NYSE:AU), Randgold (Nasdaq:GOLD), Gold Fields (NYSE:GFI), Harmony Gold (NYSE:HMY) Rise on Gold Prices

Like their American counterparts, gold ADRs like AngloGold Ashanti (NYSE:AU), Gold Fields (NYSE:GFI), Randgold Resources (Nasdaq:GOLD), and Harmony Gold Mining (NYSE:HMY) have performed strongly today, as gold recovers from its recent plunge and price and continues its upward climb.

AngloGold continues with its nice recent run, as it was up $1.22, or 2.89 percent, as of 2:45 PM EDT, reaching $43.48 as of 2:45 PM EDT.

Gold Fields gained $0.35, or 2.62 percent, standing at $13.71 a share.

Randgold enjoyed an increase of $1.91, or 2.16 percent increase, reaching $90.54 a share, while Harmony gained $0.20, or 2.07 percent, to go to $9.85 a share, all as of about 2:45 PM EDT.

Gold prices and gold miners continue to move up on worries over the sovereign debt crisis in Europe and China dealing with inflation in its property markets.

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