Falling precious metal prices drag down London mining stocks at market open

⑴ Affected by the decline in precious metal prices, London-listed mining stocks generally fell. ⑵ Gold futures dropped 3.2% to $4,741.10 per ounce, as the Iran war boosted the US dollar and reduced the prospects of an imminent rate cut. ⑶ Silver futures fell 7.5% to $71.755 per ounce. ⑷ Precious metals miners Fresnillo, Hochschild Mining, and Endeavour Silver all saw their share prices drop by more than 5%. ⑸ Diversified miners Anglo American fell nearly 5%, Rio Tinto dropped 3.5%, and Glencore declined 2.8%.