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

ReutersSep 23, 2025 10:49 AM

** 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

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