Reported 2 days ago
On Wednesday, AngloGold Ashanti plc (NYSE:AU) experienced a significant drop of 5.96% in its share price, closing at $40.57, as gold prices fell and investors shifted towards higher-yielding assets. While Wall Street's major indices rose, AngloGold was identified as one of the 10 worst-performing stocks due to its lower market performance. The decline coincided with the company's recent agreement with the Egyptian Mineral Resources Authority to exploit gold, signaling potential growth opportunities despite current setbacks.
Source: YAHOO