Spot gold dropped to $3320 and gold stocks fell.

Gold stocks fell, with gold resources dropping more than 5%, American Gold Company falling more than 3.5%, Coral Dalen Mining falling nearly 3%, and Hamoni Gold and Newman Mining falling nearly 2%. On the news front, spot gold touched down to $3320 per ounce on the day, as investors awaited trade details before the deadline of the tariff negotiations.