BUZZ-Silver miners rise after metal price hits 14-year high

Reuters
Jul 14
BUZZ-Silver miners rise after metal price hits 14-year high

** U.S.-listed shares of silver miners up premarket, tracking rising prices of the white metal GOL/

** Spot silver XAG= up 1.5% at $38.89/ounce, driven by speculative flows, after hitting its highest level since September 2011 earlier in the session

** Analysts say that silver breaking the $35 to $37 range could trigger new technical buying and drive prices toward $40

** Hecla Mining HL.N rises 1.9% and Coeur Mining CDE.N up marginally

** Canadian miners Endeavour Silver EDR.TO, EXK.N and Silvercorp Metals SVM.TO, SVM.N up 2.6% and 1.4%, respectively

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

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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