Shares of gold producers moved higher Thursday, as gold prices traded upward.

Barrick Gold Corp. shares added 34 cents to $28.75 in afternoon trading on the New York Stock Exchange. Newmont Mining Corp. shares rose 50 cents to $41.59, while Glamis Gold Ltd. shares climbed 71 cents, or 2 percent, to $35.84.

The December contract for gold traded higher just before close, up $3.60 to $580.10 per ounce on the New York Mercantile Exchange.

The price of oil rose 10 cents to $57.69 a barrel on Nymex, a day after closing at the lowest level since December 2005.

Meanwhile, the dollar was down against major currencies.