Silver miners fall as metal prices drop

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

Spot silver XAG= down 4.2% to $68.31 per ounce, as uncertainty over the duration of the conflict in the Middle East continues to persist, reigniting concerns of rising inflation, with investors pricing out any chance of U.S. interest rate cuts this year

Hecla Mining HL.N and Coeur Mining CDE.N both down 4.7%

Canadian miners: Endeavour Silver EDR.TO, EXK.N falls 4.7% and Silvercorp Metals SVM.TO, SVM.N down 4%

Abrdn Physical Silver Shares ETF SIVR.P slips 6.5% and iShares Silver Trust ETF SLV.P falls 6.7%