Silver miners fall as precious metals edge lower on strong US dollar
SLV•Silver miners and bullion-linked ETFs weaken
US-listed shares of silver miners were down premarket, tracking weakness in precious metals.
Spot silver XAG= was down 3% at $65.08/ounce, as bullion fell on a stronger US dollar and hawkish remarks from Federal Reserve officials that reinforced expectations of tighter monetary policy GOL/.
Hecla Mining HL.N and Coeur Mining CDE.N fell 3.3% and 3.4%, respectively.
Canadian miners Endeavour Silver EDR.TO, EXK.N and Silvercorp Metals SVM.TO, SVM.N were down 3.8% and 3.7%, respectively.
Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P were down 3.2% and 3.1%, respectively.
