Silver miners, ETFs rise on retreating dollar

First Majestic Silver

11/04/2023 15:21

** Shares of silver miners gain mirroring a rise in the 
precious metal price
    ** Spot silver  XAG=  up 0.5% at $25 per ounce on retreating
dollar, while traders positioned for more economic data for
clues on the global rate-hike path
    ** U.S. miners Hecla Mining Co  HL.N  and Coeur Mining Inc
 CDE.N  gain 1.3% and 1.6%, respectively
    ** Canadian miners First Majestic Silver Corp  FR.TO ,
Endeavour Silver Corp  EDR.TO , Wheaton Precious Metals Corp
 WPM.TO  and Pan American Silver Corp  PAAS.TO  rise between
0.8% and 1.3%
    ** ETFs: abrdn Physical Silver Shares ETF  SIVR.P  and
iShares Silver Trust  SLV.P  up 0.2% each 

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