Silver miners slide as metal prices edge down

Hecla Mining Co

16/03/2026 10:21

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

** Spot silver XAG= down 3.9% at $77.35/ounce, pressured by concern that inflation fears could prompt a more hawkish policy stance by major central banks, including the U.S. Federal Reserve

** The Fed will meet this week for a two-day policy meeting, where it is widely expected to hold interest rates steady

** Hecla Mining HL.N and Coeur Mining CDE.N down 3.1% and 3.9%, respectively

** Canadian miners: Endeavour Silver EDR.TO, EXK.N falls 4.4%; Silvercorp Metals SVM.TO, SVM.N down 3.2%

** Abrdn Physical Silver Shares ETF SIVR.P down 3.6% and iShares Silver Trust ETF SLV.P falls 3.8%

(Reporting by Pooja Menon in Bengaluru)

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