Silver miners fall as dollar gains

MAG Silver

17/01/2023 16:59

** Silver miners dip, tracking a fall in the precious
metal's price  GOL/ 
    ** Spot silver  XAG=  sheds 2% as the U.S. dollar advances,
making the precious metal more expensive for other currency
holders  USD/ 
    ** U.S. miners Hecla Mining Co  HL.N  and Coeur Mining
 CDE.N  fall between 1.9% and 2.4%
    ** Canadian miners Pan American Silver Corp  PAAS.TO , First
Majestic Silver Corp  FR.TO , Fortuna Silver Mines Inc  FVI.TO 
and MAG Silver Corp  MAG.TO  shed between 1.8% and 3.4% 
    ** ProShares Ultra Silver  AGQ.P  sheds 2.2%; abrdn Physical
Silver Shares ETF  SIVR.P  and iShares Silver Trust  SLV.P  both
down 1.3%
 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))