On September 28, Coeur Mining fell 5.93% in regular trading, trading at $18.105/share, with turnover of $48.66 million.

On the news front, spot gold suffered a flash crash of nearly $70 during the Asian session, plunging to around $4,191/oz with an intraday decline exceeding 2%, sending shockwaves across the entire precious metals sector. The sell-off was triggered by a confluence of macro headwinds: Brent crude surged above $100/barrel amid Middle East tensions, intensifying inflation concerns and reinforcing expectations for continued Federal Reserve rate hikes. Stronger-than-expected U.S. September PMI data for both manufacturing and services further bolstered the hawkish outlook, pushing the U.S. dollar index and Treasury yields higher and amplifying downward pressure on gold and silver.

Within the Gold sector, the sell-off was broad-based. Among individual stocks, Gold Fields fell 13.30%, AngloGold Ashanti fell 6.69%, Agnico Eagle Mines fell 6.01%, Newmont Mining fell 5.07%, and Barrick Mining Corporation fell 4.87%. The Global X Silver Mining ETF also dropped 4.7%. Markets are now closely watching upcoming U.S. PCE and nonfarm payrolls data for further direction on gold prices.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)