BUZZ-Silver miners down as metal prices edge lower
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% at $58.05/ounce, after U.S. President Donald Trump said he was reinstating a naval blockade on Iran, boosting oil markets, reigniting inflation concerns and raising prospects of higher-for-longer U.S. interest rates
** Hecla Mining HL.N drops 3.7%, Coeur Mining CDE.N falls 2.2%
** Canadian miners Endeavour Silver EDR.TO and Silvercorp Metals SVM.TO fall 2% and 3.1%, respectively
** Abrdn Physical Silver Shares ETF SIVR.P falls 2.7% and iShares Silver Trust ETF SLV.P dip 2.6%