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How Mining Stocks Are Reacting to Movement in Precious Metals

Meera Shawn
How Mining Stocks Are Reacting to Movement in Precious Metals

Precious metal mining companies typically follow precious metals. Precious metals seem to be in the doldrums over the strength of the US dollar and the Federal Reserve’s decision to raise interest rates several more times this year. The recent slump in the demand for haven assets has also affected mining stocks.