Newmont Mining (NEM) Trades Up Monday

Shares of Newmont Mining (NEM) 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.

Newmont Mining Corporation participates in the acquisition, exploration, and production of gold and copper properties. The company has operations in North America, Mexico, Peru, New Zealand, Indonesia and Ghana.

Newmont Mining (NEM) closed at $48.43, gaining $0.67, or 1.40 percent.