BUZZ-Silver miners rise as dollar softens and Strait of Hormuz remains open
Endeavor Group Holdings Inc EDR | 29.25 | Delist |
Hecla Mining Company HL | 18.78 | +1.90% |
Coeur Mining, Inc. CDE | 19.11 | +1.35% |
Silvercorp Metals Inc. SVM | 12.51 | +3.05% |
abrdn Physical Silver Shares ETF SIVR | 72.15 | +0.45% |
** U.S.-listed shares of silver miners rise premarket, tracking prices of the white metal GOL/
** Spot silver XAG= last up 3.8% to $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 HL.N and Coeur CDE.N up ~4% and 3.6%, respectively
** Canadian miners Endeavour Silver EDR.TO, EXK.N and Silvercorp Metals SVM.TO, SVM.N advance 3.7% and ~2%, respectively
** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P both inch up 3.4%