Closing Glance: Gold Miners Gain

By Associated Press April 14, 2008 Comments (0)

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Shares of many gold-mining companies closed higher Monday as the price of the commodity climbed throughout the day.

Gold fell in early-session trading but rebounded after the U.S. dollar weakened, bolstering the metal's appeal as a hedge against inflation.

Gold for June delivery climbed $1.70 to close at $928.70 an ounce on the New York Mercantile Exchange, gaining for the first time in three sessions.

Here is how some key gold companies fared:

Barrick Gold Corp. rose 28 cents to $42.97

Gold Fields Ltd. rose 21 cents to $14.54

AngloGold Ashanti Ltd. rose 30 cents to $37.29

Agnico-Eagle Mines Ltd. rose $1 to $70.09.

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DocumentId: 620821, ~/articles/articlehandler.aspx, 7/24/2008 3:15:24 PM,

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