Silver miners gain as metal edges higher on weak US dollar

Hecla Mining

03/09/2026 16:48

** Shares of silver miners jump, tracking a rise in prices of the metal GOL/
** Spot silver XAG= up 2.9% at $67.26/ounce, on a weaker U.S. dollar and as traders scale back September rate hike expectations after Federal Reserve Governor Christopher Waller's remarks that recent progress on inflation could justify keeping rates steady
** Hecla Mining HL.N gains 1.6%, Coeur Mining CDE.N rises ~1%
** Canadian miners Endeavour Silver EDR.TO and Silvercorp Metals SVM.TO up 3% and 1%, respectively
** Abrdn Physical Silver Shares ETF SIVR.P up 2.8% and iShares Silver Trust ETF SLV.P gains 3%

 (Reporting by Pooja Menon in Bengaluru)
 ((Pooja.Menon@thomsonreuters.com;))