Silver miners gain on Fed rate cut hopes

U.S.-listed shares of silver miners rise premarket, tracking prices of white metal

Spot silver XAG= up 1.7% at $52.28/ounce, after benign U.S. economic data reinforced expectations of a Federal Reserve interest rate cut next month

Hecla Mining HL.N up 2.5% and Coeur Mining CDE.N up 2.6%

Canadian miner Silvercorp Metals SVM.TO, SVM.N up 2.5% and Endeavour Silver EDR.TO, EXK.N up 4%

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