Gold Rout Pushes Gold Miners To Lows; Balance Sheets Stressed

Gold mining stocks have been pummeled this year as the industry, which is still trying to de-leverage, has been caught off-guard by a sliding gold price.

Gold prices are falling rapidly

GoldSinking

The price of gold plunged by as much as 4% to five-year lows on Monday after a sudden bout of selling across Shanghai and New York markets in the early hours of trading triggered a mini flash crash. The price of the yellow metal has remained under pressure for the past 24 hours and is...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

Gold [+]    Sinking [+]    Monday [+]    Shanghai [+]    New York [+]   

More #news: