BUZZ-Silver miners gain as white metal hits record high after Trump threatens fresh China tariffs
Reuters
Oct 13
BUZZ-Silver miners gain as white metal hits record high after Trump threatens fresh China tariffs
** U.S.- listed shares of silver miners gain premarket, tracking rising prices of the white metal GOL/
** Spot silver XAG= jumped 2.2% to $51.37/oz after hitting $51.70/oz, an all-time peak, tracking gold's rally
** Prices rise driven by similar factors as gold alongside tightness in the spot market
** Hecla Mining HL.N up 6.2% and Coeur Mining CDE.N rise 4.9%
** Canada's Endeavour SilverEDR.TO, EXK.N up 5.9% and Silvercorp Metals SVM.TO, SVM.N rises 6.5%
(Reporting by Katha Kalia in Bengaluru)
((katha.kalia@thomsonreuters.com;))
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