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Silver miners rise as dollar slips

ReutersJan 28, 2026 3:07 PM

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

Spot silver XAG= up 0.3% at $113.31 per ounce, after hitting a record high of $117.69 on Monday

Prices rise driven by economic uncertainty and a weakening U.S. dollar, as investors awaited the Federal Reserve's policy decision amid increasing concerns over its independence.

Hecla Mining HL.N up 2.4%; Coeur Mining CDE.N up 3%

Canadian miners Endeavour Silver EDR.TO up 1.3%; Silvercorp Metals SVM.TO up 1%

Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P both up 3%

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