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Silver miners gain as white metal hits record high on bets of US rate cuts

ReutersOct 8, 2025 5:05 PM

** Shares of silver miners gain, tracing rising prices of the white metal GOL/

** Spot silver XAG= gains 3.4% to $49.42/ounce, after touching its all-time high of $49.51 earlier in the session, latching on to gold's rally as investors bet on U.S. interest rate cuts

** Hecla Mining HL.N up 9.3% and Coeur Mining CDE.N gains 9.8%

** Canadian miners Endeavour Silver EDR.TO up 5% and Silvercorp Metals SVM.TO rises 4.2%

** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P up 3.2% each

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