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AAP
AAP
Business
Adrian Black

Miners drag bourse lower as gold loses its shine

Gold United States
Australian miners and the bourse have fallen after historic plunges in the price of gold and silver. (Mick Tsikas/AAP PHOTOS)

Australia's share market has been dragged lower as an exodus from precious metals weighed on heavyweight raw materials stocks.

The S&P/ASX200 fell 90.5 points on Monday, down 1.02 per cent to 8,778.6, as the broader All Ordinaries lost 96 points, or 10.5 per cent, to 9,068.8.

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