4 Silver Mining Stocks to Watch Amid Industry Challenges
ASMAvino Silver & Gold Mines .(ASM) Zacks Investment Research·2024-01-24 00:21

In 2023, silver prices witnessed a 1% decline amid rising interest rates, a stronger dollar and diminished industrial demand. This, in turn, impacted the Zacks Mining - Silver industry’s performance. The combination of positive U.S. economic data, reduced expectations of immediate monetary easing by the Federal Reserve and apprehensions about China's economic condition further contributed to the downward pressure on silver prices this year.Amid this scenario, we suggest companies like Pan American Silver (P ...