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Gold and silver prices drop sharply after Trump signals intense US action on Iran.

Market News
02 Apr 2026
Proactive Investors
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Bearish
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Gold and silver prices fell sharply after US President Donald Trump announced that US forces would intensify military action against Iran over the next two to three weeks. This statement led to a broad sell-off in precious metals stocks, with companies like Hochschild Mining and Fresnillo seeing significant share price declines. The drop in precious metals follows a period of record highs earlier in the year, as investors took profits amid ongoing geopolitical tensions. The situation remains fluid, with conflicting statements from the US and Iran about the prospects for ceasefire talks.

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Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...

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Shirofune launches Walmart Connect to automate and unify retail media campaign management.

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Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...

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Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

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Red Light Holland ships pharmaceutical-grade psilocybin PEX010 to EU for clinical studies after acquiring Filament Health.

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Red Light Holland, after acquiring Filament Health, has expanded its capabilities in pharmaceutical-grade psilocybin development. Filament completed a shipment of its botanical psilocybin drug candidate, PEX010, to the European Union to support multi...

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