Silver miners fall as renewed US-Iran tensions reduce interest rate cut expectations

Hecla Mining Co

13/04/2026 10:58

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

A** Spot silver XAG= down 2% at $74.36 per ounce, as renewed fears of a wider Middle East conflict spurred by failed U.S.-Iran talks boosted oil prices, fueled inflation concerns and reduced expectations of U.S. Federal Reserve rate cuts this year

** Hecla Mining  HL.N drops 2%, Coeur Mining CDE.N falls 2.6%

** Canadian miners Endeavour Silver EXK.N and Silvercorp Metals SVM.N fall 2.3% and 4.1%, respectively

** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P each dip 2.6%

 (Reporting by Pranav Mathur in Bengaluru)

 ((Pranav.Mathur@thomsonreuters.com;))