Australian silver stocks fall as precious metals slip ahead of Fed decision
Tue 04:10
BUZZ-Australian silver stocks fall as precious metals slip ahead of Fed decision ** Australian silver stocks decline on the day, adding to the broader mining sub-index's .AXMM 1.4% drop
** Silver prices fall in tandem with gold and palladium prices as investors await the US Federal Reserve policy decision next week for signals on interest rates and the broader outlook for monetary policy GOL/
** Silver Mines SVL.AX slips as much as 4.4% to A$0.11
** Sun Silver SS1.AX loses as much as 5.8% to A$0.81, hitting its lowest level since late August 2025
** Diversified miner South32 S32.AX, the owner of the Cannington silver mine, falls as much as 3.1% to A$4.37, their lowest since July 21
(Reporting by Nikita Maria Jino in Bengaluru)
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