Silver miners rise as prices hit new record high

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

Spot silver XAG= hits record high of $62.98/ounce, last up 1.5% at $62.66

Prices surge to another record-high after the U.S. Federal Reserve voted to lower borrowing costs by a quarter-percentage point but signaled a pause in further interest rate cuts

Hecla Mining HL.N up 6.2%, Coeur Mining CDE.N up 6.1%

Canadian miners Endeavour Silver EDR.TO up 3.1% and Silvercorp Metals SVM.TO up 2%

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