Gold and silver stocks extended their losses in premarket trading on Monday, but the pace of the decline eased.

ProShares Ultra Gold fell 5%; Eldorado, Agnico Eagle Mines, and SPDR Gold ETF fell 3%; Gold Trust Ishares, Barrick Mining, Kinross, Hecla Mining, Coeur Mining, and Newmont fell 2%; Harmony Gold fell 1%.

Pan American Silver, Endeavour Silver, Hycroft Mining, ProShares Ultra Silver, and First Majestic Silver fell 2%; iShares Silver Trust and Fortuna Silver Mines fell 1%.