Gold, Silver Shares Drop, XAU Tumbles 2.9%

Gold and silver shares came under heavy selling pressure Monday afternoon despite more modest losses in precious metals. The Philadelphia Gold & Silver Index (XAU) retreated 2.9% to 188.65 – putting it on pace for its worst closing level since January 24 and reducing its year-to-date return to just 4.4%. Among gold producers, Goldcorp (GG) [...]










