Gold, Silver Mining Stocks Suffer With Safe-Haven Pullback
Gold has been rising months now, with investors loading up on the safe-haven asset amid mounting economic risks even as equities nabbed record highs left and right. The bill has finally come, with both gold and silver sharply lower this week, the former 8% off its Friday highs. In response, specialty mining stocks Newmont Corporation (NYSE:NEM) and First Majestic Silver Corp (NYSE:AG) are also feeling the pain. NEM is down 0.5% to trade at 16 ...