BUZZ-Silver miners gain as white metal edges up on bet of US rate cuts
Reuters
Oct 08
BUZZ-Silver miners gain as white metal edges up on bet of US rate cuts
** U.S.-listed shares of silver miners rise premarket, tracing rising prices of the white metal GOL/
** Spot silver XAG= up 2% at $48.76/ounce, latching on to gold's rally as investors bet on U.S. interest rate cuts
** Hecla Mining HL.N up 4% and Coeur Mining CDE.N rises 3%
** Canadian miners Endeavour SilverEDR.TO, EXK.N up 3.7% and Silvercorp Metals SVM.TO, SVM.N rises 1.8%
** Abrdn Physical Silver Shares ETF SIVR.P up 2.2% and iShares Silver Trust SLV.P up 2.3%
(Reporting by Pranav Mathur in Bengaluru)
((Pranav.Mathur@thomsonreuters.com;))
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