Featured Post

Latest Gold News

Schiff sees Fed balance sheet expanding, not shrinking Institutional investors, weak dollar will push gold up Gold holds its own again...

Wednesday, June 9, 2010

Eldorado Gold (NYSE:EGO) Pulls Back

Eldorado Gold (NYSE:EGO) gave up some of its recent gains today, as gold prices in general were down after recent record-breaking prices.

They closed the session in New York at $17.28 a share, a decline of $0.32, or 1.82 percent. They were down further in after hours trading.

This isn't surprising as they're standing near to their 52-week high, and will have downward pressure when temporary downward pressure is exerted on them.

Eldorado is one of the highest producing, low-cost gold miners.

No comments: