Several Gold Names Active Amid Recent Run Higher (GORO) (GFI)
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Gold names are seeing a slight downturn in afternoon trading today. Names like AngloGold Ashanti (NYSE: AU), Gold Fields (NYSE: GFI), and Gold Resource (NYSE: GORO) have see sharp drops lower, though all remain in positive territory.
Action comes following several strong trading sessions for players in the gold segment. Gold prices have been moving to multi-year highs as macro issues continue.
The SPDR Gold Shares (NYSE: GLD) ETF is up 1.7 percent today.
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