Fresnillo PLC stock price drops on silver rout; what investors watch before Monday’s open
London, Jan 31, 2026, 08:42 GMT — Market closed
Fresnillo PLC shares dropped 5.1% on Friday to 3,702 pence, marking their second consecutive steep decline. The stock has lost roughly 10% over the past two sessions, with the next key moment due when the UK market opens Monday. (Investing)
Spot silver plunged 27.7% to $83.99 an ounce, with spot gold dropping 9.5% to $4,883.62 after U.S. President Donald Trump named Kevin Warsh to lead the Federal Reserve. Despite the sharp declines, gold is still on track for its strongest month since 1980, and silver for its best since 1979. “The market was due for a correction,” said Suki Cooper, global head of commodities research at Standard Chartered. Nicky Shiels of MKS PAMP SA…
