BUZZ-Silver miners rise as prices surge on rate cut bets** Shares of silver miners rise premarket, tracking gains in the white metal's prices GOL/
** Spot silver XAG= rises 1.9% to $77.97 per ounce
** Prices rise as dovish comments from Federal Reserve officials boost bets on interest rate cuts
** Hecla Mining HL.N and Coeur Mining CDE.N gain marginally
** Canadian miners: Endeavour Silver EDR.TO, EXK.N up 1.7%; Silvercorp Metals SVM.TO, SVM.N up 1.4%
** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P both up 2.1%
(Reporting by Dharna Bafna in Bengaluru)
((dharna.bafna@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