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Silver miners rise on weak US dollar, growth concerns

ReutersMar 11, 2025 3:02 PM

Shares of silver miners up, tracking prices of the white metal GOL/

Spot silver XAG= up 1.3% at $32.53/ounce, supported by a weaker dollar and economic slowdown worries due to tariff wars, while investors awaited for a key inflation print that could shed light on U.S. monetary policy move

Market attention is also on U.S. Consumer Price Index (CPI) on Wednesday and Producer Price Index (PPI) print on Thursday

Hecla mining HL.N and Coeur mining CDE.N up 4.7% and 4.9%, respectively

Shares of Canadian miners Endeavour Silver EDR.TO and Silvercorp Metals SVM.TO rise 17.6% and 5.2%, respectively

Abrdn Physical Silver SIVR.P up 2.4% and iShares Silver Trust SLV.P gains 2.2%

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