Silver miners gain as hopes of Fed rate cut rises

Shares of silver miners rise, tracking prices of the white metal GOL/

Spot silver XAG= up 1.5% at $52.19/ounce, after expectations that the U.S. Federal Reserve will trim interest rates next month kept non-yielding bullion a favored asset

Hecla Mining HL.N up 2.7% and Coeur Mining CDE.N up 3.4%

Canadian miner Silvercorp Metals SVM.TO up 2.4% and Endeavour Silver EDR.TO up ~3%

Abrdn Physical Silver Shares ETF SIVR.P up 1.4% and iShares Silver Trust ETF SLV.P up 1.3%