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Coeur Mining (CDE) Stock Falls on Lower Gold, Silver Prices

NEW YORK (TheStreet) -- Shares of Coeur Mining (CDE) were retreating in early-afternoon trading on Monday as gold and silver prices fall today on heightened speculation that the Federal Reserve will soon hike interest rates.

Gold for December delivery was recently declining 0.73% to $1,324.80 per ounce on the COMEX, while silver was falling 2.16% to $18.95 per ounce.

On Friday Federal Reserve Bank of Boston President Eric Rosengren said "a reasonable case can be made" for raising interest rates.

"The recent hawkish stand by...