London-listed mining stocks fell, dragged down by lower metal prices.

date
16/01/2026
London-listed mining stocks dragged down the blue-chip index severely, as metal prices fell due to easing geopolitical tensions, which helped to suppress safe-haven demand. Antofagasta led the index lower with a decline of 2.1%, while Rio Tinto, BHP Group, and Glencore fell by 2.1%, 1.8%, and 10% respectively. New York gold futures fell by 0.3% to $4608.40 per ounce, while silver futures dropped by 1.5% to $90.97.