Gold Mining Stock – CANADA STOCKS-TSX ends higher for 3rd day as golds rebound

Toronto’s main stock index finished moderately higher in volatile trading on Wednesday, thanks to rebounding gold shares and a late afternoon turnaround by financials.The index’s weighty materials sector gained 0.62 percent as gold prices rose on safe-haven buying due to renewed concerns about the fiscal health of Greece. Gold-mining stocks recorded solid gains, reversing Tuesday’s losses, as Barrick Gold Corp (ABX.TO: Quote, Profile, Research), the world’s largest producer, rose 1.18 percent to C$39.49, while Goldcorp Inc (G.TO: Quote, Profile, Research) jumped 1.93 percent to C$39.53. Read more

Tags: <Barrick Gold Corp, Gold-mining stocks>