--- title: "United States Antimony Drops With Precious Metals' Decline" type: "News" locale: "en" url: "https://longbridge.com/en/news/278768083.md" description: "United States Antimony Corp (UAMY) shares fell 6.50% to $10.50 amid a broader decline in precious metals stocks, driven by a stronger U.S. dollar and falling gold prices. Despite escalating tensions in the Middle East, the dollar's strength and inflation concerns are pressuring demand for metals. Gold prices dipped as the dollar index rose 0.5%, while silver, platinum, and palladium also saw declines. Analysts note that safe-haven buying is being overshadowed by fears of prolonged high interest rates, despite geopolitical tensions typically supporting metal prices." datetime: "2026-03-11T18:54:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278768083.md) - [en](https://longbridge.com/en/news/278768083.md) - [zh-HK](https://longbridge.com/zh-HK/news/278768083.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278768083.md) | [繁體中文](https://longbridge.com/zh-HK/news/278768083.md) # United States Antimony Drops With Precious Metals' Decline **United States Antimony Corp ( UAMY )** shares are dropping on Wednesday, in step with a broader pullback across precious‑metals stocks. Tuesday's gains have reversed as a stronger U.S. dollar and declining gold and metals prices weigh on the sector, even as tensions in the Middle East continue to escalate. - United States Antimony Corporation ( UAMY ) stock is among today’s weakest performers. Why is UAMY stock falling? Precious‑metals names are sliding as the Middle East conflict has unexpectedly strengthened the U.S. dollar, putting pressure on gold and other metals. According to Reuters, gold prices dipped on Wednesday as the dollar strengthened and renewed inflation concerns boosted expectations for higher interest rates. The dollar index rose 0.5%, making dollar‑priced commodities more expensive for overseas buyers and dampening demand. ## Safe‑Haven Demand Vs Rate‑Hike Fears **Peter Grant**, vice president and senior metals strategist at Zaner Metals, told Reuters that the gold market is caught between safe‑haven buying driven by the war and concerns that interest rates may stay elevated for longer. Even with intensifying conflict in the Middle East — normally a bullish catalyst — the stronger dollar and expectations of prolonged high rates are overpowering safe‑haven flows. Silver dropped 4.1% to $84.82 per ounce, platinum fell 1.1% to $2,175.60 and palladium declined 1.5% to $1,630.84. ## Conflict Intensifies, Yet Metals Fall The selloff is striking given the worsening geopolitical backdrop. Iran launched strikes on U.S. bases across five countries, and a projectile hit a cargo ship in the Strait of Hormuz, forcing an evacuation. President **Donald Trump** threatened severe retaliation if Iran were to place naval mines in the strait. Fresh U.S. inflation data added to the pressure. CPI rose 0.3% in February, matching expectations and coming in above January's 0.2% increase, Reuters reported. Annual CPI rose 2.4%, also in line with forecasts. **UAMY Price Action:** United States Antimony ( UAMY ) shares were down 6.50% at $10.50 at the time of publication on Wednesday, according to Benzinga Pro. _Image: Phawat/Shutterstock_ ### Related Stocks - [ProShares Ultra Gold (UGL.US)](https://longbridge.com/en/quote/UGL.US.md) - [Direxion Daily Gold Miners Bull 2X ETF (NUGT.US)](https://longbridge.com/en/quote/NUGT.US.md) - [Global X Gold Explorers ETF (GOEX.US)](https://longbridge.com/en/quote/GOEX.US.md) - [SPDR® Gold Shares (GLD.US)](https://longbridge.com/en/quote/GLD.US.md) - [Stt Strt®SPDR®S&P®Mtls &MngETF (XME.US)](https://longbridge.com/en/quote/XME.US.md) - [abrdn Physical PrecMtlBsk Shrs ETF (GLTR.US)](https://longbridge.com/en/quote/GLTR.US.md) - [iShares Gold Trust (IAU.US)](https://longbridge.com/en/quote/IAU.US.md) - [Sprott Junior Gold Miners ETF (SGDJ.US)](https://longbridge.com/en/quote/SGDJ.US.md) - [Sprott Silver Mnrs & Physical Silver ETF (SLVR.US)](https://longbridge.com/en/quote/SLVR.US.md) - [Sprott Active Gold & Silver Miners ETF (GBUG.US)](https://longbridge.com/en/quote/GBUG.US.md) - [YieldMax Gold Miners Opt Inc Strgy ETF (GDXY.US)](https://longbridge.com/en/quote/GDXY.US.md) - [SD-GOLD (600547.CN)](https://longbridge.com/en/quote/600547.CN.md) - [WisdomTree Efcnt Gld Pls Eq Stgy ETF (GDE.US)](https://longbridge.com/en/quote/GDE.US.md) - [Direxion Daily Jr Gld Mnrs Bull 2X ETF (JNUG.US)](https://longbridge.com/en/quote/JNUG.US.md) - [Invesco DB Precious Metals (DBP.US)](https://longbridge.com/en/quote/DBP.US.md) - [Agnico Eagle Mines Limited (AEM.US)](https://longbridge.com/en/quote/AEM.US.md) - [United States Antimony Corporation (UAMY.US)](https://longbridge.com/en/quote/UAMY.US.md) - [iShares MSCI Global Gold Miners ETF (RING.US)](https://longbridge.com/en/quote/RING.US.md) - [abrdn Physical Gold Shares ETF (SGOL.US)](https://longbridge.com/en/quote/SGOL.US.md) - [Newmont Corporation (NEM.US)](https://longbridge.com/en/quote/NEM.US.md) - [ZHONGJIN GOLD (600489.CN)](https://longbridge.com/en/quote/600489.CN.md) - [WisdomTree Efcnt Gld Pls Gld Ms Stgy ETF (GDMN.US)](https://longbridge.com/en/quote/GDMN.US.md) - [abrdn Physical Silver Shares ETF (SIVR.US)](https://longbridge.com/en/quote/SIVR.US.md) - [Sprott Gold Miners ETF (SGDM.US)](https://longbridge.com/en/quote/SGDM.US.md) - [US Global GO GOLD and Prec Mtl Mnrs ETF (GOAU.US)](https://longbridge.com/en/quote/GOAU.US.md) - [iShares MSCI Global Mtls&Mng Prdcrs ETF (PICK.US)](https://longbridge.com/en/quote/PICK.US.md) - [VanEck Junior Gold Miners ETF (GDXJ.US)](https://longbridge.com/en/quote/GDXJ.US.md) - [iShares MSCI Global Silver&Mtls Mnrs ETF (SLVP.US)](https://longbridge.com/en/quote/SLVP.US.md) - [Global X Silver Miners ETF (SIL.US)](https://longbridge.com/en/quote/SIL.US.md) - [Kinross Gold Corporation (KGC.US)](https://longbridge.com/en/quote/KGC.US.md) - [iShares Silver Trust (SLV.US)](https://longbridge.com/en/quote/SLV.US.md) - [Roundhill Gold Miners Weeklypay ETF (GDXW.US)](https://longbridge.com/en/quote/GDXW.US.md) - [VanEck Gold Miners ETF (GDX.US)](https://longbridge.com/en/quote/GDX.US.md) ## Related News & Research - [PRECIOUS-Gold falls as Trump gives no clarity on ending Iran war](https://longbridge.com/en/news/281453345.md) - [PRECIOUS-Gold drops on stronger dollar, rising bets on higher interest rates](https://longbridge.com/en/news/281533759.md) - [Gold Royalty Corp. 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