London Miners Rise on Silver Rally, Rate-Cut Expectations -- Market Talk
Dow Jones12-10 17:21
0921 GMT - London miners rise as silver prices continue to climb and investors bet on an interest-rate cut by the Federal Reserve. Silver futures in New York rise 1.3% to $61.66 a troy ounce after hitting an intraday high of $62.14. The rally is being aided by tight market supply and the rate-cut expectations. Higher interest rates weigh on nonyielding assets like silver. Precious metal miner Hochschild Mining rises 2.6%, Endeavour Mining is up 1.8%, and Fresnillo ticks up 1.4%. Among the diversified miners, Anglo American, Glencore and Rio Tinto's London shares all trade more than 1% higher. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
December 10, 2025 04:21 ET (09:21 GMT)
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