Why This Gold Stock Fell 15.2% in February but Is Luring Investors in March

Neha Chamaria, The Motley Fool
·2-min read
Why This Gold Stock Fell 15.2% in February but Is Luring Investors in March

Extending their southward-bound journey from January, shares of Yamana Gold (NYSE: AUY) fell 13.9% last month, according to data from S&P Global Market Intelligence. The gold stock has, however, kicked off March on a relatively encouraging note, gaining nearly 7.2% so far, of the time of this writing. After hitting a high of around $1,950 per ounce in early January, gold prices started to fall steadily and lost nearly 11% by the end of February.