Markets

Sector Update: Gold Miners Regaining Luster as Bullion Reverses Earlier Dip

Gold stocks are mixed today, with shares of several mining companies scratching out winning sessions despite bullion prices still trading negative for the day.

Sulliden Gold (SUE.TO) is among the best gainers today on a percentage basis, with the stock more than 3% higher at $1.99 a share, up 6 cents, after twice touching $2.01 over the past hour. B2Gold (BTO.TO) is up nearly 3.5% at $3.85 a share, while Rubicon Minerals (RMX.TO) was 13 cents, or 3.1%, higher at $4.30 a share.

Gold futures are still lower for the day but had turned around a $15 decline earlier in the session to now pull within a dollar or two of Wednesday's settlement prices. At last look, the most active December contract was off $2.30 an ounce at $1,829.40 after earlier falling as low as $1,815.50 an ounce.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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