Silver miners gain on weaker US dollar, Fed rate cut hopes

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

Spot silver XAG= up 2.1% at $47.04/ounce, on weaker U.S. dollar and expectations of a Federal Reserve rate cut

Hecla Mining HL.N and Coeur Mining CDE.N each up 3.3%

Canadian miners Endeavour Silver EDR.TO, EXK.N up 3.9% and Silvercorp Metals SVM.TO, SVM.N rises 4.4%

Abrdn Physical Silver Shares ETF SIVR.P up 2.1% and iShares Silver Trust SLV.P up ~2%