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TDUX
Apr 17 - 01:55 PM

Silver - Miners Rise As Dollar Softens And Strait Of Hormuz Remains Open

By Dharna Bafna  —  Apr 17 - 09:48 AM

(Updates)

• Shares of silver miners rise, tracking prices of the white metal [GOL/]

• Spot silver last up 3.8% at $81.41 per ounce

• Prices rise due to softer dollar and comments from Iran's foreign minister that passage through the Strait of Hormuz remains open during the ceasefire

• Shares of miners Hecla and Coeur both up ~5%

• Canadian miners Endeavour Silver and Silvercorp Metals advance 6.6% and 4.5%, respectively

• Abrdn Physical Silver Shares ETF and iShares Silver Trust both inch up 4.3%

(Reporting by Dharna Bafna in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters
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