Business

Market Movers

Mining firm falls along with gold prices

Gold’s appeal to investors falls in a stronger economy.

Reuters/File

Gold’s appeal to investors falls in a stronger economy.

Advertisement

Newmont Mining fell, hurt by a big dip in gold prices. The Colorado company’s stock was the biggest decliner on the S&P 500 Friday. It will report quarterly results July 25. The price of gold tumbled Friday after the June US employment report showed companies adding more jobs. Gold and other precious metals become less appealing as safe havens for investors in a stronger economy. Gold for August delivery fell $39.30, or 3.1 percent, to end at $1,212.70 per ounce.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com