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TDUX
Jul 27 - 07:55 AM

Silver - Miners Gain As Metal Prices Edge Higher

By Pooja Menon  —  Jul 27 - 06:54 AM

• U.S.-listed shares of silver miners gain premarket, tracking higher prices of the metal [GOL/]

• Spot silver up 2.3% at $59.3/ounce, as a pause in strikes between U.S. and Iranian forces dragged crude oil prices lower, helping ease inflation concerns and worries about the risk of higher interest rates in a week where policymakers at the Fed are due to meet

• Hecla Mining up 2.6% and Coeur Mining rises 2.9%

• Canadian miners Endeavour Silver up 3.8%, Silvercorp Metals up 3.1% and Wheaton Precious Metals up 2.2%

• Abrdn Physical Silver Shares ETF up 2% and iShares Silver Trust adds 1.9%

(Reporting by Pooja Menon in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters
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