Gold Mining Stock AU Plummets Amid Crash in Gold Prices: Buy the Dip or Stay Away?

Anglogold Ashanti (AU) stock has fallen hard due to the crash in gold prices, which have dropped below $4,000 per ounce. Despite the recent correction, the long-term story for gold remains intact, driven by structural bullish factors such as de-dollarization and central banks' increasing gold holdings. Analysts recommend booking profits in AU after its stock has more than tripled in value this year.