Aussie silver stocks set for weekly gain on firmer prices

Austral Gold

06/04/2023 01:42

** Shares of Australian silver stocks notch strong gains so
far this week, benefiting from higher prices of the precious
metal
    ** Prices of silver  XAG=  tracked gains made by gold  XAU= 
this week, and recently hit a one-year peak  GOL/ 
    ** Silver Mines Ltd  SVL.AX  up 20% this week, set for their
biggest weekly gain since Nov 2020
    ** Investigator Resources  IVR.AX  and Boab Metals  BML.AX 
up 26.8% and 25.6%, respectively, so far this week 
    ** Austral Gold  AGD.AX  has risen 4.9% this week
    ** A sub-index of gold stocks  .AXGD  has risen 4.9% this
week, while the mining index  .AXMM  lost 2.7%

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))