Silver miners, ETFs climb on weaker dollar, Treasury yields

First Majestic Silver

04/04/2023 17:28

** Shares of silver miners rise, tracking prices of the
precious metal
    ** Spot silver  XAG=  rises 3.7% to $24.9 per ounce, boosted
by a slide in U.S. dollar and Treasury yields 
    ** U.S. miners Hecla Mining Co  HL.N  and Coeur Mining Inc
 CDE.N  gain 1.8% and 3.2%, respectively
    ** Canadian miners Wheaton Precious Metals Corp  WPM.TO ,
Endeavour Silver Corp  EDR.TO , Pan American Silver Corp
 PAAS.TO  and First Majestic Silver Corp  FR.TO  up between 1.3%
and 4.5%
    ** ETFs: abrdn Physical Silver Shares ETF  SIVR.P  and
iShares Silver Trust  SLV.P  each add 3.7%, while ProShares
Ultra Silver  AGQ.P  jumps 7.8%

 (Reporting by Ankit Kumar in Bengaluru)
 ((Ankit.Kumar2@thomsonreuters.com))