Gold Drops, Triple Flag Shares Plunge: US Data Shock
Friday, Jun 6, 2025 11:06 am ET1min read
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Triple Flag Precious Metals Corp. declined 2.14% in intraday trading. The drop in stock price may be attributed to the news that Indian dealers are offering steeper discounts as the price rally dulls demand, which could negatively impact the demand for precious metals. Additionally, the ongoing dispute between Barrick MiningB-- and Mali's government over the Loulo-Gounkoto gold mining complex, which has been suspended since January, may also contribute to the bearish sentiment in the precious metals sector.
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