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Coeur Mining, Inc. (NYSE:CDE) shares are sliding in Thursday’s premarket session.
This downward movement stems primarily from a sharp retreat in precious metals prices. Gold fell below $4,500 per ounce, while silver dropped under $70 per ounce, according to Trading Economics.
As a primary producer, Coeur’s revenue remains directly tied to these market values.
Geopolitical Statements Unsettle Markets
The decline follows conflicting reports regarding potential peace talks between the U.S. and Iran. President Donald Trump stated Wednesday that Iran was eager to reach a deal. However, Iran’s foreign minister contradicted this, saying Tehran has no plans to negotiate. This uncertainty has led gold …
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