US Stock Market Move | Gold stocks fell across the board, with Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY.US) falling more than 9%.
On Friday, the price of gold stocks in general decreased.
On Friday, gold stocks fell across the board. Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY.US) dropped more than 9%, Kinross Gold Corporation (KGC.US) and Gold Fields Limited Sponsored ADR (GFI.US) fell more than 7%, while Newmont Mining (NEM.US) fell more than 6%. On the news front, spot gold continued to fall, dropping 2% intraday to below $4250.
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