The gold price dropped $15 as the price of gold pressured gold stocks, with the GDX falling for the third consecutive day.

The gold price has held up considerably well in the face of a stronger dollar, and the latest dollar sentiment data is a bullish sign for the price of gold.

The 30% silver price rally over the past year has paled in comparison to the 167% gain in shares of Fortuna Silve Mines (FVI.TSX), which has also outperformed many other silver stocks.

Gold stocks were resilient as the Market Vectors Gold Miners ETF (GDX) turned positive after falling as much as 1.5% this morning.

The gold price weakened as the U.S. dollar rose against the euro and amid comments from China that it is unlikely to increase its reserve holdings of gold.

The gold price continued to fall as the Federal Reserve announced liquidity draining measures that pressured the price of gold.

Premier Gold reports two new gold zone discoveries at its joint venture Hardrock project and positive drill results at the historically mined F-Zone

The gold price opened the week lower but received an endoresment from legendary investor Jim Rogers, who reiterated his call for a $2,000 price of gold at some point this decade.

The gold price decline caused a selloff in gold stocks as investors used weakness in the price of gold to sell shares of many gold producers.

The gold price opened the week stronger amid a weaker dollar, while the price target on shares of Premier Gold Mines (PG.TSX) was raised after the company received a NI 43-101 compliant resource estimate for its Hardrock project.