London precious metal miners fell on Monday after a sharp rise.

London precious metal miners fell in opening trading. Earlier, gold futures, after a big rise on Monday, edged lower but continued to trade near record highs. Investors are worried about the independence of the Federal Reserve as the US prosecutor investigates Jerome Powell, the Fed chairman, leading them to flock to safe-haven assets. Gold metal prices rose on Monday, driving up London mining stocks. However, Hochschild Mining fell nearly 2%, Endeavour Mining fell 1.5%, and Fresnillo fell 0.7%. In New York, gold futures fell 0.4% to $4,595.10 per ounce.