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Silver miners fall as metal prices edge down

BUZZ-Silver miners fall as metal prices edge down

** Shares of silver miners fall, tracking a decline in prices of the metal GOL/

** Spot silver XAG= down 3.4% at $55.75/ounce, as escalating Middle East tensions pushed oil prices and U.S. Treasury yields higher, heightening inflation concerns and reinforcing expectations of elevated U.S. interest rates

** Hecla Mining HL.N drops 3.6%, Coeur Mining CDE.N falls ~4%

** Canadian miners Endeavour Silver EDR.TO and Silvercorp Metals SVM.TO fall 4.1% and 3.4%, respectively

** Abrdn Physical Silver Shares ETF SIVR.P falls 3.6% and iShares Silver Trust ETF SLV.P dip 3.5%


(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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