AngloGold Ashanti tumbles as margin hikes and profit-taking hit gold miners
AngloGold Ashanti shares fell 7.1% to $84.76 in New York after CME Group raised margin requirements for precious-metals futures, triggering a selloff in gold and silver. Spot gold dropped 4.5% to $4,330.79 an ounce, while silver slid 9.5%. The VanEck Gold Miners ETF lost 6%. Trading was thin ahead of year-end, amplifying price swings.
