US Stock Market Move | Spot gold and silver continue to plummet! Precious metal concept stocks collectively plunging before trading.

On Friday, the concept stocks of precious metals plunged collectively before the market opened, at the time of publication, First Majestic Silver (AG.US) dropped nearly 13%, Endeavour Silver (EXK.US) fell over 12%, Pan American Silver Corp. (PAAS.US), Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY.US) dropped nearly 10%, and Newmont Mining (NEM.US) fell nearly 8%. On the news front, spot gold and silver plummeted during the day, with spot gold falling below $5000.00 per ounce, dropping 7% during the day; COMEX gold futures' latest price is $5027.80 per ounce, down 6.11% during the day; London spot silver dropped over 16%, trading at $98.60 per ounce.