Silver miners fall on higher oil prices

By Reuters News

** US-listed shares of silver miners fall premarket, tracking weakness in precious metals

** Spot silver falls 4.7% to $61.25 per ounce, as higher oil prices stoke inflation fears, bolstering the case for elevated interest rates GOL/

** Crude oil rebounds more than 2% on Monday after US President Donald Trump rejects a peace deal from Iran to resolve their conflict and reopen the Strait of Hormuz O/R

** Hecla Mining HL.N and Coeur Mining CDE.N down 5.4% and ~6%, respectively

** Canadian miners: Endeavour Silver EDR.TO, slips 5.4%; Silvercorp Metals SVM.TO, inches down 5.7%

** Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P both fall ~5%

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