United States Antimony Corp.

(NYSE:UAMY) shares are declining Thursday as gold, silver and broader precious metals prices come under pressure from a confluence of forces tied to escalating conflict in the Middle East.

United States Antimony shares are sliding.

Why is UAMY stock dropping?

Gold Drops 2% as Middle East Tensions Drive Oil and Yields Higher Spot gold shed nearly 2% to $3,984.64 per ounce on Thursday, touching ground not seen since July 1.