During Tuesday’s Morning trade, Shares of Barrick Gold Corporation (NYSE:ABX), lost -0.27% to $11.13, as gold prices were falling for the third day in a row.
U.S. gold futures for August delivery were down 0.5% to $1,177.80 an ounce on the Comex Tuesday morning.
Gold prices were falling as Greece continues talks with its creditors, according to Market Watch. Greece presented a new proposal to solve its debt crisis on Monday and the anticipation of the deal is making gold look like less of a safe haven asset.
Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities. It conducts mining, development and exploration, and other activities in various countries, counting the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia.
Shares of EXCO Resources Inc. (NYSE:XCO), declined -1.48% to $1.33, during its current trading session, as Crude oil prices moved lower for the second successive day on word of raised Chinese oil production and expectations from Iran.
Brent crude oil prices lost about half a percent in early Tuesday trading to $63.06 per barrel, down more than $2 per barrel since the start of June. West Texas Intermediate, the U.S. benchmark, lost nearly a full percent to trade at $59.84, down from a June 1 price around $60.
EXCO Resources, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and production of onshore oil and natural gas properties with a focus on shale resource plays in the United States.
Finally, Invesco Ltd. (NYSE:IVZ), gained 0.90%, and is now trading at $39.28.
Invesco Advisers, Inc. declared portfolio administration changes for the following Invesco closed-end municipal funds:
- Invesco Advantage Municipal Income Trust II (VKI)
- Invesco California Value Municipal Income Trust (VCV)
- Invesco Municipal Income Opportunities Trust (OIA)
- Invesco Municipal Opportunity Trust (VMO)
- Invesco Municipal Trust (VKQ)
- Invesco Pennsylvania Value Municipal Income Trust (VPV)
- Invesco Quality Municipal Income Trust (IQI)
- Invesco Trust for Investment Grade Municipals (VGM)
- Invesco Trust for Investment Grade New York Municipals (VTN)
- Invesco Value Municipal Income Trust (IIM)
Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client focused equity, balanced, and fixed income portfolios.
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