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TDUX
Oct 30 - 02:55 AM
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Silver - Australian Silver Miners Dip As Precious Metal Prices Fall

By Nikita Maria Jino  —  Oct 29 - 11:54 PM

• Australian silver stocks fall, while the broader mining sub-index slips 0.8%

• Spot silver prices slide alongside those of gold and platinum as higher oil prices and robust US inflation data strengthen the case for another Fed rate hike [GOL/]

• Sun Silver slips as much as 5.2% to A$0.73, their largest intraday pct fall since October 23; stock set to eke out slight 1.4% weekly gain

• Silver Mines declines as much as 4.2% to A$0.115; however, stock set to gain 9.5% for the week

(Reporting by Nikita Maria Jino in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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