Tuesday, April 20, 2010

Yamana (TSE:YRI), Barrick (TSE:ABX), Gold Prices Up

Yamana, Barrick and others go up with spot gold prices

Gold prices had a slight rebound today, and gold mining stocks responding by increasing as well, with gold producers like Yamana (TSE:YRI) (NYSE:AUY), Barrick Gold (TSE:ABX) (NYSE:ABX), Kinross Gold (TSE:K) (NYSE:KGC) and Jaguar Mining (NYSE:JAG) moving up on the day, depending on what stock exchange they were listed on.

Some pulled back while others continue to go up, even in after-hours trading.

After a surge which brought spot gold prices up to $1,147 an ounce, they've pulled back to around $1,140 an ounce, but still a lot higher than the gold lows experienced last week.

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