Gold and Silver Stock Prices Are Plummeting: Here’s Why

In other news, the Federal Reserve has hinted that it will increase interest rates in the near future. Investors are responding by turning away from precious metals, leading to a drop in gold prices over the last few days. Since the price of gold and silver are linked to the rate of inflation, investors have turned to bonds to safeguard their money. As a result, many gold and silver stocks are experiencing volatile price changes. Coeur, Hecla, and Endeavour Silver stocks experienced selling pressure as soon as they climbed higher. The gold and silver prices they were based on are now below their highs, making some investors unhappy with the stocks’ performance.

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