US Stock Market Move | Golden concept stock Coeur Mining, Inc. (CDE.US) fell nearly 17%.

On Tuesday, spot gold fell by 5.4%, marking the largest drop since August 2020. Stocks of gold mining companies also plunged, with Coeur Mining, Inc. (CDE.US) dropping nearly 17%, Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY.US) falling by 11%, Newmont Mining (NEM.US) dropping by over 9%, and Barrick Mining (B.US) falling by almost 9%.