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Closing Glance: Gold shares close lower

By Associated Press May 13, 2008 Comments (0)

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Shares of gold mining companies fell Tuesday as the price of the precious metal declined.

Gold for June delivery fell $15.90 to $869 an ounce in light trading on the New York Mercantile Exchange. It earlier traded as low as $861, its lowest level in a week.

Here is how some gold miners fared Tuesday:

Goldcorp Inc., down 42 cents to $39.02

Gold Fields Ltd., down 10 cents to $13.78

Newmont Mining Corp., down 22 cents to $45.04

Barrick Gold Corp., down 13 cents to $38.67

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