BUZZ-Silver mines gain due to political uncertainty

Reuters
2025/10/10
BUZZ-Silver mines gain due to political uncertainty

** U.S.- listed shares of silver miners gain, tracing rising prices of the white metal GOL/

** Spot silver XAG= up 2.6% to $50.40/ounce a day after touching a record high of $51.22, gaining 74% so far this year driven by broad political and economic uncertainty and expectations of further U.S. rate cuts

** Hecla Mining HL.N up ~2% and Coeur Mining CDE.N gains 1.3%

** U.S.- listed shares of Canadian miners Endeavour Silver EDR.TO, EVX.N up ~4% and Silvercorp Metals SVM.TO, SVM.N rises 1.4%

** Abrdn Physical Silver Shares ETF SIVR.P up ~2% and iShares Silver Trust SLV.P climbs ~1%

(Reporting by Dharna Bafna in Bengaluru)

((Dharna.bafna@thomsonreuters.com))

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