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Why Coeur Mining Stock Dropped Today

TheMotleyFool

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Why Coeur Mining Stock Dropped TodayBild von Steve Bidmead auf Pixabay : https://pixabay.com/de/photos/gold-ingots-golden-schatz-513062/

Coeur Mining (NYSE: CDE) stock declined 6.6% through 10:25 a.m. ET Monday on sliding gold prices as war continues to rage in the Middle East. Investors often buy gold as a safe haven in times of conflict -- and they did this time, too. However, as the conflict drags on, gold prices have turned south.

Gold miner Coeur stock is following them lower.

Image source: Getty Images.

Source Fool.com

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