Randgold (GOLD) shares continue their recent rout, -3.8% premarket as Citigroup and J.P. Morgan...

|About: Randgold Resources Limited (GOLD)|By:, SA News Editor

Randgold (GOLD) shares continue their recent rout, -3.8% premarket as Citigroup and J.P. Morgan each downgrade their stock ratings. Randgold yesterday slumped the most since Oct. 2008 after a military coup in Mali, where the company mines two-thirds of its gold. Sammy Pollack writes that the event highlights the advantages of gold mining ETFs.