Gold Stocks Showing Substantial Move To The Downside

Washington (Feb 19)  Gold stocks have shown a substantial move to the downside during trading on Friday, dragging the NYSE Arca Gold Bugs Index down by 2.8%.

The weakness among gold stocks comes amid a modest decrease by the price of the precious metal, with gold for April delivery slipping USD2.50 to USD1,239.10 an ounce.

Source: Alliance