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SVL — Silver Mines News Story

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Australian silver miners dip as precious metal prices fall

BUZZ-Australian silver miners dip as precious metal prices fall

** Australian silver stocks fall, while the broader mining sub-index .AXMM slips 0.8%

** Spot silver prices slide alongside those of gold and platinum as higher oil prices and robust US inflation data strengthen the case for another Fed rate hike GOL/

** Sun Silver SS1.AX slips as much as 5.2% to A$0.73, their largest intraday pct fall since October 23; stock set to eke out slight 1.4% weekly gain

** Silver Mines SVL.AX declines as much as 4.2% to A$0.115; however, stock set to gain 9.5% for the week


(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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