Barrick Gold (NYSE:ABX), Kinross Gold (NYSE:KGC), Newmont Mining (NYSE:NEM), Harmony Gold (NYSE:HMY) All Up as Gold, Silver Rises

Barrick Gold (NYSE:ABX), Kinross Gold (NYSE:KGC), Newmont Mining (NYSE:NEM) and Harmony Gold (NYSE:HMY) all finished positive on Tuesday, as the price of gold and silver rose.

While in a normal market an increase in interest rates from an important country like China would result in the price of gold and silver to fall, that wasn't the case Tuesday, as inflation continues to rise and economic growth remains anemic.

Even with China's increase in interest rates, they continue to operate in a negative interest rate environment, one reason the market shrugged off the event.

Harmony Gold closed Tuesday at $11.24, gaining $0.18, or 1.63 percent. Newmont Mining closed at $58.27, gaining $1.12, or 1.96 percent. Barrick Gold closed at $48.69, up $0.86, or 1.80 percent. Kinross Gold closed at $17.18, gaining $0.36, or 2.14 percent.