Tuesday, August 30, 2011

TSX gold stock prices august 30 2011

TSX gold stock prices august 30 2011 : The Toronto stock market was slightly higher Tuesday thanks to rising mining stocks as prices for gold and copper advanced. Traders focused on worsening economic sentiment in Europe and the latest reading on how American consumers feel about the economy

The TSX gold sector advanced 1.2 per cent as the December bullion contract on the Nymex gained $32.50 to US$1,824 an ounce. Barrick Gold Corp. (TSX:ABX) was ahead 50 cents to $49.50 and Goldcorp Inc. (TSX:G) was ahead 63 cents to $50.93.

The September copper contract gained five cents to US$4.14 a pound, pushing the base metals sector up 0.3 per cent. Teck Resources (TSX:TCK.B) rose 35 cents to $42 while First Quantum Minerals (TSX:FM) rose 26 cents to $22.75.

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