As the price of gold falls more than 5%, gold mining stocks listed on the US market have dropped in pre-market trading.

Newmont Corporation's stock price fell by 7%, Xenini Stilwater Corporation's stock price fell by 9.7%, Barrick Gold Corporation's stock price fell by 5.9%, Harmony Gold Corporation's stock price fell by 5%. Kinross Gold Corporation's stock price fell by 7.1%, Gold Fields Corporation's stock price fell by 7.2%, Anglogold Ashanti Corporation's stock price fell by 5.1%.