BUZZ-Gold and silver miners: Glimmer fades as prices hit 4-year lows

Wed Nov 5, 2014 8:55am EST
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** U.S.-listed shares of gold and silver miners down 1.5-6.5 pct premarket

** Gold sinks to its lowest since mid-2010 while silver hits its weakest since February 2010

** Shares of First Majestic Silver Corp down 5.2 pct; Primero Mining Corp down 6.1 pct; Endeavour Silver Corp down 5 pct; Seabridge Gold Inc down 4.7 pct

** The surging dollar and a stronger stock market weakens the investment case for non-yielding bullion

** Spot gold down 1.9 pct at $1,145.1 an ounce, while Silver down 3.8 pct at $15.38 an ounce by 0840 ET

** Technical analysts say gold's $1,000 level could be tested after $1,150 supports is breached