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Silver miners fall on strong dollar, delayed rate cut expectations

ReutersMar 3, 2026 3:02 PM

Shares of silver miners fall, tracking prices of the white metal GOL/

Spot silver XAG= down 11.2% at $79.42/ounce

Prices fall, weighed down by a stronger dollar and fading prospects for interest rate cuts as inflation concerns intensified against the backdrop of a potentially prolonged Middle East conflict

Shares of miners Hecla HL.N and Coeur CDE.N down 14.1% and 13%, respectively

Canadian miners Endeavour Silver EDR.TO and Silvercorp Metals SVM.TO dip 13.2% and 12.4%, respectively

Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P both down ~12%

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