Ora Banda Mining, Resolute Mining Shares Plunge as Gold Falls for Second Day

MT Newswires Live
Jun 24

Shares of Ora Banda Mining (ASX:OBM) fell 6% in recent trading on Wednesday, while those of Resolute Mining (ASX:RSG) fell 4% after gold declined for a second day.

Spot gold fell over 1% to under $4,070 per ounce as investors reacted to the recent hawkish tone from the US Federal Reserve.

Newmont's (ASX:NEM) shares fell 2%.

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