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Hochschild and Fresnillo slip as gold price knocked by Trump speech on Iran

By Proactive Investors April 02, 2026 Bearish
Hochschild and Fresnillo slip as gold price knocked by Trump speech on Iran
Hochschild Mining PLC (LSE:HOC, OTCQX:HCHDF) and Fresnillo PLC (LSE:FRES) led a broad sell-off in FTSE 350 precious metals stocks on Thursday morning as gold prices pulled back from recent highs after US President Donald Trump said Iran would be "extremely hard" for up to three more weeks. Shares in the FTSE 250-listed Hchschild fell 6.9%, with fellow mid cap Pan African Resources PLC (LSE:PAF) dropping 6.8%.
Tickers: AAAUBARDBPDGLFNLPFGLDGLDMHCHDFIAUOUNZSGOLUGL
Hochschild Mining PLC (LSE:HOC, OTCQX:HCHDF) and Fresnillo PLC (LSE:FRES) led a broad sell-off in FTSE 350 precious metals stocks on Thursday morning as gold prices pulled back from recent highs after US President Donald Trump said Iran would be "extremely hard" for up to three more weeks. Shares in the FTSE 250-listed Hchschild fell 6.9%, with fellow mid cap Pan African Resources PLC (LSE:PAF) dropping 6.8%.