First Majestic Silver is trading at $15.40, down 4.29%, as silver fell amid rising oil prices and inflation concerns weighing on precious metals. - Reports tied the pressure to renewed Middle East tensions and fears of higher interest rates. - No clear company-specific announcement explaining the October 22 decline surfaced. - An October 13 production update described lower output linked to a San Dimas labor dispute; that prior news does not establish today’s move.