US Stock Market Move | Spot gold prices fell more than 2.6%, and concept stocks also fell in sync.

date
23:01 17/02/2026
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GMT Eight
Spot gold fell more than 2.6%, closing at $4860.7 per ounce.
On Tuesday, gold concept stocks fell, with spot gold plummeting over 2.6% to $4860.7. Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY.US) dropped over 7%, Gold Fields Limited Sponsored ADR (GFI.US), and Pan American Silver Corp. (PAAS.US) fell over 6.8%. On the news front, the second round of negotiations between the US and Iran has concluded. Prior to this, Iranian Foreign Ministry spokesman Bagaei stated during the negotiation interval that Iran is maintaining an open attitude and the two sides discussed nuclear issues and the lifting of sanctions. Bagaei also stated that the Iranian delegation is prepared to stay in Geneva for several days or even weeks to reach an agreement.