BUZZ-Silver miners fall as US jobs data blurs rate outlook
Reuters · 09/06 15:56
Share
Listen to the news
** Shares of silver miners fall, tracking declining prices of the white metal GOL/
** Spot silver XAG= down 0.6% at $28.65/ounce, after mixed U.S. jobs data cast doubts on the scale of interest-rate cut from the Federal Reserve this month
** Hecla Mining HL.N down 3.17% and Coeur Mining CDE.N falls 3.19%
** Canadian miners Endeavour Silver EDR.TO down 2.22% and Silvercorp Metals SVM.TO slips 1.49%
** Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P down 0.66% and 0.50%, respectively
(Reporting by Pooja Menon in Bengaluru)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending
No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.
Copyright © 2024 Webull. All Rights Reserved