Mining shares slide as gold slumps below $4,900, silver under $75
Mining shares have declined sharply as gold prices fell below $4,900 and silver under $75. Gold futures dropped 3.1% to $4,886/oz, while silver futures fell 6.4% to $72.97/oz. Notable losses among precious metals stocks include First Majestic Silver (-9.3%) and Seabridge Gold (-8.9%). Cautious optimism surrounds U.S.-Iran talks, which may affect market flows and safe-haven demand, alongside tentative hopes for progress in Russia-Ukraine discussions.
Source: businessinsider The copyright of this article belongs to the original author/organization.
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