BUZZ-Silver miners rise on US election uncertainties

Reuters10-22

** U.S.-listed shares of silver miners up in premarket trading, tracking rising prices of the white metal

** Spot silver up 1.4% at $34.34/ounce, after hitting its highest since late-2012 in previous session on U.S. election uncertainties and prospects of major central banks lowering interest rates

** Hecla Mining and Coeur Mining up 1% and 2.5%, respectively

** Shares of Canadian miners Endeavour Silver and Silvercorp Metals rise 3.7% and 1.6%, respectively

** Abrdn Physical Silver Shares ETF climbs 0.9% and iShares Silver Trust gains 1%

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment