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BUZZ-Silver miners plunge as metal prices drop due to dollar strength

Reuters
Jan 07
BUZZ-Silver miners plunge as metal prices drop due to dollar strength

Updates

** Shares of silver miners fall, tracking a dip in the white metal's prices GOL/

** Spot silver XAG= falls 4.8% to $77.25 per ounce

** Prices fall as investors book profits and the dollar strengthened ahead of key U.S. jobs data due this week

** Hecla Mining HL.N down 10.5% and Coeur Mining CDE.N down 6.3%

** Canadian miners: Endeavour Silver EDR.TO down 9.3%; Silvercorp Metals SVM.TO down 6.6%

** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P both down 5.2%

(Reporting by Dharna Bafna in Bengaluru)

((dharna.bafna@thomsonreuters.com))

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