Wednesday, June 2, 2010

Kinross (NYSE:KGC), Barrick (NYSE:ABX) Up After Slow Start

Kinross Gold (NYSE:KGC) and Barrick Gold (NYSE:ABX) have rebounded some as gold futures were down in the early part of the trading day, and they were down with it.

In Toronto gold stocks had been experiencing a brutal day, as 23 out of 27 of the gold companies listed on the TSX were down, and some are still down as their New York counterparts rise.

Kinross was up slightly at 0.17 percent at 11:42 p.m. EDT, while Barrick was up 0.59 percent at the same time.

Gold futures are also rising after a slow start, although still down by $4.20.

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