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HL Hecla Mining Co News Story

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Basic MaterialsAdventurousLarge CapNeutral

Silver miners fall as inflation fears bolster hawkish Fed bets

** U.S.-listed shares of silver miners fall premarket, tracking prices of the white metal GOL/

** Spot silver XAG= down 1.2% at $78.29/ounce

** Prices fall as investors weigh the risk of a more hawkish U.S. Federal Reserve policy stance, with elevated oil prices increasing concerns over inflation

** Shares of miners Hecla HL.N and Coeur CDE.N down 2.5% and 3%, respectively

** Canadian miners Endeavour Silver EDR.TO, EXK.N and Silvercorp Metals SVM.TO, SVM.N dip 1.5% and 1.3%, respectively

** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P both down 1.4%

 (Reporting by Dharna Bafna in Bengaluru)

 ((dharna.bafna@thomsonreuters.com))

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