Featured Post

Latest Gold News

Fed doves supporting gold Stronger rand crushing South African miners Economic power could shift further East with Hong Kong gold exch...

Wednesday, August 4, 2010

Detour Gold, (TSE:DGC), Golden Star Resources (TSE:GSC), Lake Shore Gold (TSE:LSG) Surge on Higher Gold Prices

Gold prices have been surging today, about on average about $14 an ounce, and hovering around the $1,200 an ounce mark. As of about 12:30 PM EDT, Detour Gold, (TSE:DGC), Golden Star Resources (AMEX:GSS) (TSE:GSC) and Lake Shore Gold (TSE:LSG) were all participating in that upward move, all up over 3 percent in Toronto at that time. Golden Star was also up over 3 percent on the AMEX.

In Toronto, Golden Star was at $4.39, a gain of $0.14, or 3.29 percent. Volume was far below its 3-month average.

Detour Gold hit $26.59, gaining $0.89, or 3.46 percent. Volume for them was on course to reach close to their 3-month average of 556,056.

Lake Shore Gold stood at $3.23, an increase of $0.10, or 3.19 percent.

Gold, if it remains on track today, will enjoy its sixth straight trading day where it is in positive territory.

No comments: