EdgeWater 12/4/2010 2:45:53 AM
News / Stocks

Gold Stocks Jumps (GLD, SLV, Goldcorp Inc, ABX)

Gold Stocks Jumps

Gold futures aimed for a record Friday, topping $1,400 an ounce after a disappointing jobs report pushed investors back to the perceived safety of the metal.

SPDR Gold Trust (ETF) (NYSE:GLD) rose 1.50% to $137.21 on heavy. So far this year, the ETF has soared 28%. It has a 52-week range of $102.28-$139.15. SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion.

iShares Silver Trust (ETF) (NYSE:SLV) jumped 1.83% to $28.45 on heavy. So far this year, the ETF has soared 72%. It has a 52-week range of $14.37-$28.72. Shares Silver Trust (the Trust) is a grantor trust. The purpose of the Trust is to own silver transferred to the Trust in exchange for shares issued by the Trust (iShares).

Goldcorp Inc. (USA) (NYSE:GG) climbed 1.61% to $47.33 on heavy. So far this year, the stock has soared 20%. It has a 52-week range of $32.84-$48.94. Goldcorp Inc. (Goldcorp) is a gold producer engaged in the operating, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico and Central and South America.

Barrick Gold Corporation (USA) (NYSE:ABX) climbed 2.27% to $54.50 on heavy. So far this year, the stock has soared 38.4%. It has a 52-week range of $33.65-$55.38. Barrick Gold Corporation (Barrick) is engaged the production and sale of gold, as well as related activities, such as exploration and mine development.

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