BUZZ-Silver miners rise after metal's price soars

Reuters
2024-10-21

** Shares of silver miners up premarket, tracking strength in spot silver

** Spot silver rose 1.2% to $34.06 per ounce, its highest since late-2012, riding the coattails of gold's rally to record high on uncertainties around U.S. election, Middle East crisis and expectations of Federal Reserves' rate cuts

** Hecla Mining and Coeur Mining up 2.6% and 3.8%, respectively

** Shares of Canadian miners Endeavour Silver and Silvercorp Metals rise 3.4% and 2.2%, respectively

** Abrdn Physical Silver Shares ETF climbs 1.2% and iShares Silver Trust gains 1.4%

(Reporting by Sukriti Gupta in Bengaluru)

((Sukriti.Gupta@thomsonreuters.com;))

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