eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• Shares of silver miners down, tracking prices of bullion [GOL/]
• Spot silver falls 5.3% to $49.63/ounce
• Prices plunge as rising crude oil prices and persistent inflation worries reinforced expectations of US interest rate hikes
• Hecla Mining and Coeur Mining down 5.8% and ~6%, respectively
• Canadian miners: Endeavour Silver slides 6.2% and Silvercorp Metals slips 5.7%
• Physical Silver Shares ETF and iShares Silver
Trust each plunge 5.2%
(Reporting by Dharna Bafna in Bengaluru)