Why Gold Fields Stock Dropped Today

Key Points Silver prices hit an all-time high last night. Both gold and silver sold off this morning, with silver losing about twice as much value as gold. 10 stocks we like better than Gold Fields › Gold Fields Limited (NYSE: GFI) stock tumbled 6.6% through 12:15 p.m. ET Monday on a big reversal of the precious metals trade. As CNBC reports, silver hit an all-time high price north of $80 an ounce last night, but dropped dramatically this morning as traders took profits, falling as low as $70.25 p ...