Shares of Andean Silver (ASX:ASL) jumped over 2%, while those of Silver Mines (ASX:SVL) climbed over 3% as spot silver prices soared to $40.7599 per ounce.
The precious metal's price was driven higher by expectations of US Federal Reserve will cut its policy rate in September.
Shares of Adriatic Metals (ASX:ADT) were flat.
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.