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BUZZ - Silver mining company stocks plunge due to expectations of Federal Reserve rate hikes

BUZZ - Silver mining company stocks plunge due to expectations of Federal Reserve rate hikes

路透社路透社2026/10/30 13:52
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- ** Silver mining stocks fall as silver spot price declines GOL/

** Spot silver XAG= dropped 5.3%, to $49.63/ounce

** Share prices (link) plunged, as rising crude oil prices and persistent inflation worries further raised market expectations for U.S. interest rate hikes

** Hecla Mining (HL.N) and Coeur Mining (CDE.N) shares fell by 5.8% and about 6% respectively

** Canadian mining companies: Endeavour Silver (EDR.TO) fell 6.2% and Silvercorp Metals (SVM.TO, SVM.N) dropped 5.7%

** Physical Silver ETFs SIVR.P and iShares Silver Trust SLV.P both plunged 5.2%


(To assist non-English speakers, Reuters has automatically translated its reports into several other languages. Because automated translation may contain inaccuracies or lack required context, Reuters does not guarantee the accuracy of the translated text and provides it solely for reader convenience. Reuters assumes no responsibility for any damage or loss caused by the use of the automated translation feature.)

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