BUZZ-Silver miners fall as rising oil drives rate hike bets
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 |
Updates
** U.S.-listed shares of silver miners fall, tracking prices of the white metal GOL/
** Spot silver XAG= down 1% at $75.8 per ounce
** Prices fall due to firmer dollar and rising oil prices that kept inflation concerns in focus and increased bets for U.S. interest rate hike
** Shares of miners Hecla Mining HL.N down ~2% and Coeur Mining CDE.N falls 2.5%
** Canadian miners: Endeavour Silver Corp EDR.TO, EXK.N and Silvercorp Metals SVM.TO, SVM.N dip 2.5% and 4.1%, respectively
** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P each slides 1.2%