Anglogold Ashanti (NYSE: AU) stock dropped 6.5% due to a significant downturn in the precious metals trade. Silver prices hit an all-time high of $80 an ounce but fell to $70.25 due to profit-taking, with gold prices also down at $4,357.60. Silver has tripled in value this year, prompting investors to consider selling to lock in profits. Analysts expect Anglogold to grow earnings by 73% next year as gold prices rise. Despite market fluctuations, Anglogold remains a solid investment with a low P/E ratio and a generous dividend yield. The Motley Fool Stock Advisor recommends other stocks for potential high returns.

Read more at Yahoo Finance: Why Anglogold Ashanti Stock Dropped Today