BUZZ-Silver miners gain as metal prices hit three-week high

Reuters02-25 19:41
BUZZ-Silver miners gain as metal prices hit three-week high

Feb 25 (Reuters) - ** U.S.-listed shares of silver miners gain premarket, tracking rising prices of the metal GOL/

** Spot silver XAG= increased 2.9% to $89.86 per ounce, reaching its highest level since February 4

** Shares of Hecla Mining HL.N advance about 3%, while Coeur Mining CDE.N edged 1.9% higher

** Among Canadian miners, Endeavour Silver EDR.TO, EXK.N gains 2.5%, and Silvercorp Metals SVM.TO, SVM.N rise 3.6%

** Silver-backed ETFs also rallies, with Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P rising 3.6% each, ProShares Ultra Silver AGQ.P jumps 7%

(Reporting by Anmol Choubey in Bengaluru)

((anmol.choubey@thomsonreuters.com; +91-9473732332;))

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