BUZZ-Silver miners dip as dollar strengthens
Endeavor Group Holdings Inc EDR | 29.25 29.25 | Delist 0.00% Pre |
Hecla Mining Company HL | 19.12 19.33 | -2.89% +1.10% Pre |
Coeur Mining, Inc. CDE | 19.67 19.95 | -7.09% +1.42% Pre |
Silvercorp Metals Inc. SVM | 12.35 12.35 | -0.40% 0.00% Pre |
abrdn Physical Silver Shares ETF SIVR | 75.50 75.79 | -0.20% +0.38% Pre |
** U.S.-listed shares of silver miners fall premarket, tracking prices of the white metal GOL/
** Spot silver XAG= falls 2.5% to $74.63/ounce as stronger dollar pressures prices
** Demand for precious metals cools as investors track cues on the Federal Reserve's monetary policy and await clarity on U.S.-Iran talks
** Hecla Mining HL.N down 3.5%; Coeur Mining CDE.N slips 3.4%
** Canadian miners Endeavour Silver EDR.TO, EXK.N and Silvercorp Metals SVM.TO, SVM.N drop ~4% and 3.1%, respectively
** Abrdn Physical Silver Shares ETF SIVR.P down 2.7%; iShares Silver Trust ETF SLV.P dips 3.3%