Shares of Goldcorp (NYSE:GG) 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.
Goldcorp Inc. participates in the acquisition, exploration, development, and operation of precious metal properties in North America, Mexico, and Central and South America. Along with gold it also produces and sells silver, copper, lead, and zinc.
Goldcorp (GG) closed at $48.43, gaining $0.67, or 1.40 percent.
Tuesday, May 17, 2011
Goldcorp (GG) Trades Up Monday
Labels:
Goldcorp Inc
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment