Silver miners fall as US inflation data boosts Fed hike bets

Silvercorp Metals

14/10/2026 14:35

** Shares of silver miners down, tracking prices of bullion GOL/
** Spot silver XAG= falls 4.1% to $59.96/ounce 
** Prices extend losses for a third straight session, as a stronger than expected inflation reading increased US Federal Reserve rate hike bets for this month
** Hecla Mining HL.N and Coeur Mining CDE.N fall 2.7% and 3%, respectively
** Canadian miners: Endeavour Silver EDR.TO dips 2.3% and Silvercorp Metals SVM.TO slumps 2.1%
** Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P each plunge 3.6% 

 (Reporting by Dharna Bafna in Bengaluru)
 ((dharna.bafna@thomsonreuters.com))