🔴 Coeur Mining is trading 4.6% down today as Federal Reserve rate hike pressures miners

Coeur Mining is trading 4.6% down at $18.99 as precious-metals weakness and higher-rate concerns pressure mining shares.

• On September 16, silver was down 0.40% and gold was down 0.43%.
• The Federal Reserve raised rates 25 basis points to 3.75%-4.00% on September 16, increasing pressure on non-yielding metals and related equities.
• No fresh company-specific announcement was identified; the move appears sector-driven rather than crypto-related.