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Closing Glance: Gold Miners Decline

By Associated Press April 11, 2008 Comments (0)

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Shares of gold mining companies fell Friday as the price of the precious metal fell in European and U.S. trading.

Gold traded in London at $922.80 per troy ounce, down from $926.50 late Thursday, and in Zurich it fell to $918.10 a troy ounce from $925.60. On the Comex division of the New York Mercantile Exchange, gold for June delivery closed down $4.80 at $927 an ounce.

Here is how some gold miners fared in Friday's trading:

Newmont Mining Corp. fell $1.04, or 2.2 percent, to $45.95

Barrick Gold Corp. fell $1.33, or 3 percent, to $42.69

Yamana Gold Inc. fell 40 cents, or 2.7 percent, to $14.22

Goldcorp Inc. fell $1.23, or 3 percent, to $39.31

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