SSR Mining is trading 5.07% down at $34.15, pressured by gold’s sharp decline amid expectations of further Fed rate hikes.
- Reuters reported spot gold fell 2.7% on September 28 as rising oil prices heightened inflation concerns and strengthened rate-hike expectations, pressuring bullion and gold miners.
- No SSR Mining-specific announcement explains the move; broader risk-off sentiment and materials weakness add context. Bitcoin fell 1.68%, but is not a meaningful direct explanation for this gold miner.