Gold Stocks Continue to Drop, GDX Falls 1.5%

(Source:GoldAlert.Com) Gold stocks slid Wednesday, with the Market Vectors Gold Miners ETF (GDX) retreating $0.87, or 1.5%, to $57.35 per share. The sell-off in gold stocks and the GDX came amidst a further decline in gold bullion, which fell $12.15 to $1,523.49 per ounce. The S&P/TSX Global Gold Index, Canada’s leading composite of gold stocks, dropped in concert with the GDX, by 0.9% to 379.65.
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