PRECIOUS METALS | London Mining Stocks Lead Decline Amid Middle East Tensions

According to Jin10, London mining stocks emerged as the leading decliners in the UK stock market. This downturn follows U.S. President Donald Trump's recent statements, which dashed hopes for easing Middle East tensions, leading to a broad decline in precious metal prices. In a speech on Wednesday evening, Trump vowed to launch 'extremely fierce' attacks on Iran in the coming weeks. Among the FTSE 100 index constituents, Fresnillo, Endeavour Mining, Antofagasta, and Anglo American were at the forefront of the decline, with drops of 5.8%, 5.3%, 3.85%, and 3.7%, respectively. Additionally, South African gold miner Harmony Gold fell by 5.5%.