BUZZ - Silver mining stocks fall as US inflation data boosts market expectations of a Federal Reserve rate hike
路透社2026/10/14 13:47October 14 - ** Silver mining company stocks fall along with spot silver prices GOL/
** Spot silver XAG= declined by 4.1%, to $59.96 per ounce
** Driven by stronger-than-expected inflation data, market expectations for a Federal Reserve rate hike this month have risen, causing silver prices (link) to extend losses for the third consecutive trading day
** Hecla Mining (HL.N) and Coeur Mining (CDE.N) shares fell by 2.7% and 3%, respectively
** Canadian mining companies: Endeavour Silver (EDR.TO) dropped 2.3%, Silvercorp Metals (SVM.TO) plunged 2.1%
** Physical silver stock ETFs SIVR.P and iShares Silver Trust SLV.P both tumbled 3.6%
(To facilitate non-native English speakers, Reuters automatically translates its reports into several other languages. As automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of automated translation texts and provides them solely for readers' convenience. Reuters assumes no liability for any damage or loss caused by using the automated translation feature.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CNN Enters Generative AI Partnership with Google
US Stock Market Movement | Nvidia-backed AI pharmaceutical company Iambic Therapeutics (IAM.US) debuts on Nasdaq, surging over 11% after opening
As of press time, the stock is up more than 11%, trading at $17.77.
US Stock Market Movement | 3D Printing Materials Supplier Amaero (AMRO.US) Debuts on US Stock Market, Trading Halt Triggered After Opening
Amaero, a manufacturer specializing in titanium and refractory metal powders for 3D printing in the defense and aerospace sectors, has gone public on the US stock market.
Crypto prices
More
