[Market Focus] Korea Zinc Drops 10% as Silver Prices Fall
As silver prices fall, investor sentiment toward Korea Zinc, a smelting company, is also weakening.
As of 10:49 a.m. on March 4, 2026, Korea Zinc was trading at 1,778,000 won, down 10.34% (205,000 won) from the previous day.
The decline in silver prices has led to a decrease in investor sentiment toward Korea Zinc. On March 3, local time, the silver futures price on the New York Mercantile Exchange closed at $83.47, down 6.05% ($5.38) from the previous day, marking a two-day consecutive decline.
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Korea Zinc produces silver as a by-product during the concentrate smelting process. Recently, when Kevin Warsh, former Federal Reserve (Fed) Governor, was nominated as Fed Chair, the share price also fell as silver prices declined.
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