Gold and silver stocks traded lower Friday afternoon as precious metals were
pressured by strength in the U.S. dollar. The Philadelphia Gold & Silver Index
(XAU), a composite of the sectors largest companies, retreated 0.8% to 187.47.
Notable decliners included Yamana Gold (AUY), Goldcorp (GG), and Pan American
Silver (PAAS) which dropped 1.5%, 2.0%, and 0.5%, respectively. The sell-off
came as COMEX gold futures snapped a four-session winning streak.
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