Silver miners down as metal prices edge lower

Hecla Mining

08/07/2026 11:25

** U.S.-listed shares of silver miners down premarket, tracking a drop in the metal's price GOL/
** Spot silver XAG= falls 2.3% to $58.58 per ounce, after U.S. President Donald Trump said an interim peace deal with Iran was "over", sending oil prices higher and stoking fears of inflation and higher U.S. interest rates
** Hecla Mining HL.N and Coeur Mining CDE.N down 3.6% and 3%, respectively
** Canadian miners: Endeavour Silver EDR.TO, EXK.N falls marginally; Wheaton Precious Metals WPM.TO, WPM.N down 2.1%
** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P each dip 2.6%

 (Reporting by Pooja Menon in Bengaluru)
 ((Pooja.Menon@thomsonreuters.com;))