Silver miners plunge on Fed hike fears
30/10/2026 13:41
BUZZ-Silver miners plunge on Fed hike fears ** Shares of silver miners down, tracking prices of bullion GOL/
** Spot silver XAG= falls 5.3% to $49.63/ounce
** Prices plunge as rising crude oil prices and persistent inflation worries reinforced expectations of US interest rate hikes
** Hecla Mining HL.N and Coeur Mining CDE.N down 5.8% and ~6%, respectively
** Canadian miners: Endeavour Silver EDR.TO slides 6.2% and Silvercorp Metals SVM.TO, SVM.N slips 5.7%
** Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P each plunge 5.2%
(Reporting by Dharna Bafna in Bengaluru)