Silver miners jump premarket as spot prices surge nearly 8%

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

Spot silver XAG= jumped 7.75% to $111.93 an ounce, as of 0914 GMT

Hecla Mining HL.N up 3.1%; Coeur Mining CDE.N rises 2.2%

Canadian miners Endeavour Silver EDR.TO, EXK.N advances 2.8%; Silvercorp Metals SVM.TO, SVM.N inches up 2.8%

Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P both rise between 2.5%-3.2%

Global X Silver Miners ETF SIL.P up 2.3%

It has already surged more than 50% so far this year