Silver miners gain on US Fed rate cut optimism

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

Spot silver XAG= up 1.6% at $48.772/ounce on expectations for further interest rate cuts from the U.S. Federal Reserve

Hecla Mining HL.N up 1.9% and Coeur Mining CDE.N rises 2.3%

Canadian miner Wheaton Precious Metals WPM.TO, WPM.N up 1.2%

Abrdn Physical Silver Shares ETF SIVR.P up 2.5% and iShares Silver Trust SLV.P up 2.6%