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BUZZ-Silver miners rise on weak US dollar, expectations of bigger Fed cut

Reuters · 6d ago

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BUZZ-Silver miners rise on weak US dollar, expectations of bigger Fed cut

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

** Spot silver XAG= up 3% at $30.68/ounce, on a weaker US dollar and on rising expectations of bigger Federal Reserve interest rate cut in September

** Hecla Mining HL.N and Coeur Mining CDE.N rise 3.72% and 3.80%, respectively

** Canadian miners Endeavour Silver EDR.TO and Silvercorp Metals SVM.TO up 2.54% and 5.77%, respectively

** Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P up 2.70% and 2.64%, respectively

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com))

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