BUZZ-Silver miners rise as dollar, yields slip ahead of key US jobs data
Endeavor Group Holdings Inc EDR | 29.25 29.25 | Delist 0.00% Pre |
Hecla Mining Company HL | 19.69 19.50 | +2.18% -0.97% Pre |
Coeur Mining, Inc. CDE | 21.17 20.95 | +4.23% -1.04% Pre |
Silvercorp Metals Inc. SVM | 12.40 12.25 | +5.17% -1.21% Pre |
abrdn Physical Silver Shares ETF SIVR | 75.65 74.70 | +5.39% -1.26% Pre |
** U.S.-listed shares of silver miners rise premarket, tracking gains in the white metal's prices GOL/
** Spot silver XAG= rises 5.1% to $84.90 per ounce
** Prices buoyed by a weaker dollar and lower Treasury yields, while investors await key U.S. jobs data later in the day for clues on the Federal Reserve's policy outlook
** Hecla Mining HL.N up 3.7%; Coeur Mining CDE.N up 3.3%
** Canadian miners Endeavour Silver EDR.TO, EXK.N and Silvercorp Metals SVM.TO, SVM.N both up 3.3%
** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P both up ~5%