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Gold, silver miners fall as precious metal prices slip on stronger US dollar

ReutersFeb 5, 2026 4:07 PM

Shares of gold and silver miners down, tracking falling prices of the metals GOL/

Spot gold XAU= down 2.9% at $4,816.75/ounce and spot silver XAG= down 15.5% at $74.40/ounce

Gold and silver prices slid as a stronger U.S. dollar and easing geopolitical tensions weighed on sentiment, after a brief rebound failed to steady markets following one of the steepest selloffs in decades

Top miners Newmont NEM.N and Barrick Mining ABX.TO down 5.5% and 7.7%, respectively

South African miners Gold Fields GFI.N, Sibanye Stillwater SBSW.N, AngloGold Ashanti AU.N and Harmony Gold HMY.N decline between 2.4% and 8.2%

Silver miners Hecla Mining HL.N down 8% and Coeur Mining CDE.N falls 7%

Canadian miners Endeavour Silver EDR.TO falls 10.9%, Silvercorp Metals SVM.TO down 8.7%, Agnico Eagle Mines AEM.TO dips 6.5% and Kinross Gold K.TO down 5.6%

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