Shares of AngloGold Ashanti (NYSE:AU) were up Monday even as gold and silver prices were down slightly on the trading day.
Gold for June delivery shed $3 to close at $1,490.60 at the Comex division of the New York Mercantile Exchange. The gold price Monday traded in a range of a low of $1,486 and a high of $1,504.30.
Silver prices ended the day down 88 cents to close at $34.13 an ounce.
The U.S. dollar index fell 0.43 percent to $75.38.
The euro strengthened as Monday trading went on, putting pressure on the U.S. dollar.
AngloGold Ashanti Limited participates in the exploration and production of gold. Along with gold, the company also produces and sells silver, uranium and sulphuric acid. The company has operations running around the world.
AngloGold Ashanti (NYSE:AU) closed at $44.34, gaining $0.73, or 1.67 percent.
Tuesday, May 17, 2011
AngloGold Ashanti (AU) Trades Up Monday
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