BUZZ-Silver miners gain on US Fed rate-cut bets

Reuters
Oct 21
BUZZ-Silver miners gain on US Fed rate-cut bets

** Shares of silver miners gain, tracking rising prices of the metal GOL/

** Spot silver XAG= rises 1.1% to $52.40/oz due to expectations of more U.S. rate cuts

** The metal fell 4.4% on Friday, after hitting a record high of $54.47 earlier that day

** Hecla Mining HL.N up 3.3% and Coeur Mining CDE.N gains ~5%

** Canadian miners Endeavour Silver EDR.TO and Silvercorp Metals SVM.TO rise marginally

** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P each up ~1%

(Reporting by Dharna Bafna in Bengaluru)

((Dharna.bafna@thomsonreuters.com))

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