BUZZ-Silver miners fall as metal prices edge down
Endeavor Group Holdings Inc EDR | 0.00 | |
Hecla Mining Company HL | 0.00 | |
Coeur Mining, Inc. CDE | 0.00 | |
Silvercorp Metals Inc. SVM | 0.00 | |
abrdn Physical Silver Shares ETF SIVR | 0.00 |
** Shares of silver miners fall, tracking a decline in prices of the metal GOL/
** Spot silver XAG= down 3.4% at $55.75/ounce, as escalating Middle East tensions pushed oil prices and U.S. Treasury yields higher, heightening inflation concerns and reinforcing expectations of elevated U.S. interest rates
** Hecla Mining HL.N drops 3.6%, Coeur Mining CDE.N falls ~4%
** Canadian miners Endeavour Silver EDR.TO and Silvercorp Metals SVM.TO fall 4.1% and 3.4%, respectively
** Abrdn Physical Silver Shares ETF SIVR.P falls 3.6% and iShares Silver Trust ETF SLV.P dip 3.5%