Why Coeur Mining Stock Dropped Today

By Rich Smith – Mar 9, 2026 at 11:09AM ESTKey PointsGold and silver prices surged when war broke out in the Middle East last week.Precious metal prices have been falling as the U.S. dollar rises and interest rate worries loom.Coeur Mining (CDE 5.19%) stock declined 6.6% through 10:25 a.m. ET Monday on sliding gold prices as war continues to rage in the Middle East. Investors often buy gold as a safe haven in times of conflict -- and they did this time, too. However, as the conflict drags on, gold prices have turned south. Gold miner Coeur stock is following them lower. Image source: Getty Images. Gold and silver prices fall Gold closed February around $5,278 per ounce, according to data from TradingEconomics.com. Prices spiked when U.S. and Israeli forces began striking Iran last week, rising as high as $5,416 Monday before beginning to fade. At last report, gold was trading at $5,079 per ounce, down 1.5% from Friday's close. The silver story is similar, and Coeur mines both gold and silver, so this one is also worth a look. Silver closed at $93.73 per ounce at the end of February before moving higher, topping $96.10 Monday. Today, silver is down 0.5% to $83.90 per ounce. ExpandNYSE: CDECoeur MiningToday's Change(-5.19%) $-1.18Current Price$21.46Key Data PointsMarket Cap$15BDay's Range$20.59 - $22.1052wk Range$4.58 - $27.77Volume792KAvg Vol24MGross Margin39.31% Two big things affect precious metal prices Why are precious metals prices falling? For one thing, the U.S. dollar -- also a safe haven -- is strengthening. The U.S. dollar index, which compares the dollar's value to a basket of international currencies, is up about 1.7% since the war began. A "stronger dollar" means you need fewer dollars to buy an ounce of gold. Thus, when the dollar rises, the price of gold (in dollar terms) falls. Interest rates can also affect gold prices, and rate worries are rising. When interest rates rise, investors face the choice between owning gold, which doesn't pay interest, and owning bonds, which do. Investors may sell gold to buy bonds, and when this happens -- again -- the price of gold drops. This is why Coeur stock dropped today.Read NextMar 3, 2026 •By Rich SmithWhy Coeur Mining Stock Crashed TodayFeb 19, 2026 •By Rich SmithWhy Coeur Mining Stock Popped Again TodayFeb 18, 2026 •By Rich SmithWhy Coeur Mining Stock Popped TodayFeb 17, 2026 •By Rich SmithWhy Coeur Mining Stock Dropped TodayFeb 13, 2026 •By Rich SmithWhy Coeur Mining Stock Popped TodayFeb 9, 2026 •By Rich SmithWhy Coeur Mining Stock Bounced Back TodayAbout the AuthorRich Smith is a contributing Motley Fool defense and stock market analyst covering publicly traded and emerging companies in defense, space, aerospace, and other sectors. Prior to The Motley Fool, Rich practiced international corporate law for Clifford Chance in Russia, and for the Russian-Ukrainian Legal Group in Moscow, Kyiv, and Washington, D.C. He holds a bachelor’s degree in international relations from the College of William & Mary, a law degree from the University of Baltimore, and a language certification from the International Institute of Russian Language & Culture in Tver, Russian Federation. The Globe and Mail once featured him as “one of the best stock pickers since 2009.”TMFDittyX@RichSmithFoolStocks MentionedCoeur MiningNYSE: CDE$21.47(-5.19%)-$1.18*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.