Silver miners, ETFs slip on stronger dollar

First Majestic Silver

10/04/2023 17:57

** Shares of silver miners track prices of the precious
metal lower
    ** Spot silver  XAG=  down 1% at $24.77 per ounce as the
dollar advanced on Friday's strong U.S. jobs numbers
    ** U.S. miners Hecla Mining Co  HL.N  and Coeur Mining Inc
 CDE.N  down 0.7% and 1%, respectively
    ** Canadian miners First Majestic Silver Corp  FR.TO ,
Endeavour Silver Corp  EDR.TO , Wheaton Precious Metals Corp
 WPM.TO  and Pan American Silver Corp  PAAS.TO  drop between
0.3% and 2.4%
    ** ETFs: abrdn Physical Silver Shares ETF  SIVR.P  and
iShares Silver Trust  SLV.P  ease 0.5% each while ProShares
Ultra Silver  AGQ.P  slips 1.1%

 (Reporting by Ankit Kumar in Bengaluru)
 ((Ankit.Kumar2@thomsonreuters.com))