BUZZ-Silver miners gain as metal prices hit record high

Reuters01-12
BUZZ-Silver miners gain as metal prices hit record high

** Shares of silver miners gain premarket, tracking rise in white metal's prices GOL/

** Spot silver XAG= up 5.1% at $84.06 per ounce, after hitting an all-time high of $84.60

** Prices rise as investors snap up safe-haven assets amid heightened geopolitical uncertainties and a criminal probe into U.S. Federal Reserve Chair Jerome Powell

** Hecla Mining HL.N up 5.3%; Coeur Mining CDE.N rises 4.9%

** U.S.- listed shares of Canadian miners: Endeavour Silver EDR.TO, EXK.N up 5%; Silvercorp Metals SVM.TO, SVM.N gains 3.9%

** Both Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P up 5.6% each

(Reporting by Katha Kalia in Bengaluru)

((katha.kalia@thomsonreuters.com))

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