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Tuesday Sector Laggards: Precious Metals, Metals & Mining Stocks

Precious metals shares underperformed on Tuesday, with the sector down about 4.1% and metals & mining lagging roughly 2.5%. Large individual declines pressured the groups: Endeavour Silver fell about 9.1% and IAMGold about 8.2%, while Gold Resource and Critical Metals plunged around 12.6% and 11.1% respectively. The weakness signals broad selling across precious-metals-related equities, weighing on the sector’s short-term outlook and suggesting elevated risk sentiment toward metal miners and related assets.

Category

Gold

Sentiment

Bearish

Event

Price movement

Reading time

1 min