Silver miners fall as investors book profits, Treasury yields rise

U.S.-listed shares of silver miners fall premarket, tracking prices of the white metal GOL/

Spot silver XAG= falls 1.6% at $57.01 per ounce, after hitting an all-time high of $58.83 on Monday. The white metal has risen over 97% so far this year, bolstered by industrial demand

Prices fall due to rising U.S. Treasury yields and profit-booking following a record high in the previous session

Hecla Mining HL.N and Coeur Mining CDE.N both down ~3%

Canadian miners Endeavour Silver EDR.TO, EXK.N down 4.3% and Silvercorp Metals SVM.TO, SVM.N down 3.4%

Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P both down 1.6%