Silver miners gain as prices of white metal edge up on bets of further Fed rate cuts

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

Spot silver XAG= up 0.4% at $44.24/ounce, hovering near a 14-year high, bolstered by increased expectations of further U.S. rate cuts, as investors awaited Federal Reserve Chair Jerome Powell's speech later in the day for further policy cues

Hecla Mining HL.N rises 1.4% and Coeur Mining CDE.N up 1.8%

Canadian miners Endeavour Silver EDR.TO, EXK.N up 1.3% and Silvercorp Metals SVM.TO, SVM.N rises 1.2%

Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P each up marginally