Shares of UK-listed precious metals and mining companies decline as CME’s margin hike weighs on gold and silver prices, pressuring the sector
After a record 2025, the UK precious metals &amp; mining index (.FTNMX551030) has slipped for three consecutive sessions so far, following a collapse in metals prices last week that was triggered by Kevin Warsh’s nomination as the next U.S. Federal Reserve chair
Increase in margin requirements is generally negative for affected contracts, as higher capital outlay can dampen speculative participation, reduce liquidity and pressure traders to unwind positions
Shares of Fresnillo (FRES.L) tumble 6%, stock among top losers in the FTSE 100 Index (.FTSE) , which is down 0.23%
Shares of Pan African (PAFR.L) slump 7.4%, Endeavour Mining (EDV.L) dips 6.7% &amp; Hothschild Mining (HOCM.L) drops 6.8%, reflecting weaker sentiment in the precious metals &amp; mining sector
Analysts at Barclays say gold’s pullback reflects “stretched positioning” and technical factors, though strong central bank demand and inflation concerns continue to support its long-term fundamentals

BUZZ-London-listed precious metals and miners tumble on CME margin requirement increase