Silver miners rise on safe-haven demand following Middle East conflict

First Majestic Silver

18/10/2023 13:46

** Shares of silver miners rise in premarket trading on
higher prices of the precious metal 
    ** Spot silver  XAG=  up 1.7% after fears of escalation in
the Middle East conflict following a deadly blast in Gaza push
investors towards safe-haven assets  GOL/ 
    ** Hecla Mining  HL.N  and Coeur Mining  CDE.N  up 2.21% and
2.61%, respectively
    ** U.S.-listed shares of Canadian miners Wheaton Precious
Metals  WPM.N , Fortuna Silver Mines  FSM.N  and First Majestic
Silver  AG.N  rise between 0.8% and 2%

 (Reporting by Kabir Dweit)
 ((Kabir.Dweit@thomsonreuters.com))