US Stock Market Move | Gold and silver prices both dropped significantly! Pre-market trading for gold and silver concept stocks also saw a general decline.
On Monday, gold and silver concept stocks fell before the market, with Hycroft Mining (HYMC.US) and First Majestic Silver (AG.US) both dropping more than 6%.
On Monday, before the market opened, gold and silver concept stocks fell across the board. Hycroft Mining (HYMC.US) and First Majestic Silver (AG.US) fell by over 6%, Endeavour Silver (EXK.US) fell by over 5%, Coeur Mining, Inc. (CDE.US) fell by 5%, AngloGold Ashanti (AU.US) fell by nearly 4%, and Newmont Mining (NEM.US) fell by over 3%. In terms of news, before the market opened in the US, the spot price of gold fell below $4410 per ounce, dropping by 2.69% on the day. The spot price of silver also fell below $73 per ounce, dropping by 7.86% on the day.
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