BUZZ-Silver miners fall as the white metal follows bullion's slip

Reuters
02/12
BUZZ-Silver miners fall as the white metal follows bullion's slip

** Shares of silver miners fall, tracking prices of the white metal GOL/

** Spot silver XAG= falls 1.2% to $83.01 per ounce, after a 4% climb on Wednesday

** Prices dip tracing that of bullion as strong U.S. labour data that dampened hopes of near-term Federal Reserve rate cuts offset safe-haven demand stirred by geopolitical tensions

** Hecla Mining HL.N and Coeur Mining CDE.N down 3.4% and 1.2%, respectively

** Canadian miners Endeavour Silver EDR.TO down 3.3%, Silvercorp Metals SVM.TO falls 4.2% and Vizsla Silver VZLA.TO slips 2.2%

** ** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P down 1.6% and 1.8%, respectively

(Reporting by Pranav Mathur in Bengaluru)

((Pranav.Mathur@thomsonreuters.com;))

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