Sector Snap: Gold miners fall with markets

DENVER - Shares of gold mining companies fell Monday as worried investors sent the Dow Jones industrial average below 10,000 for the first time in four years. Although precious metals were mixed overall, gold for December delivery was up $44, or 3.96 percent, to $866.20 an ounce on the New York Mercantile Exchange. "Gold has recently turned higher on powerful new investment demand amid the deepening credit crisis, while the U.S. dollar has firmed--both positive for the miners," Citi Investment Research analyst John Hill wrote in a note Sunday. He said the gain for gold has been offset by falling copper... [read full story]                    

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