Why Gold and Silver Stocks Got Butchered Thursday
Gold and silver stocks got clobbered on Thursday as prices of precious metals tanked. Here's how some of the worst performers were faring as of noon EDT.
It looks like just one of those bad days for gold and silver, but here's what you should really make of this drop.
Because precious metals, particularly gold, are considered a safe haven asset against economic uncertainties, their prices are particularly vulnerable to economic data.
Source Fool.com
