By Kelly Cloonan
Shares of gold mining companies slid as prices for the precious metal headed for their biggest decline in more than a decade.
Shares of Kinross Gold and Gold Fields Limited both slid 11%. Alamos Gold retreated 10%, Newmont declined 9.1% and Agnico Eagle Mines was off 8.7%. Barrick Mining and Franco-Nevada were down 8.6% and 5.1%, respectively.
On Tuesday, most-active gold futures contracts traded 5.3% lower at about $4,127 per troy ounce, a day after settling at a new record.
Gold hasn't dropped more than 5% in a single session since June 2013, according to Dow Jones Market Data.
Silver futures also declined.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
October 21, 2025 12:28 ET (16:28 GMT)
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