Silver miners gain as oil weakens after US extends ceasefire with Iran

Hecla Mining Co

22/04/2026 10:22

** U.S.-listed shares of silver miners rise premarket, tracking prices of the white metal GOL/

** Spot silver XAG= up 1.9% to $78.15 per ounce

** Prices rise as lower oil prices, following a U.S. extension of a ceasefire with Iran, ease fears of an inflation spike and prolonged high interest rates

** Shares of miners Hecla Mining HL.N and Coeur Mining CDE.N gain ~4% each

** Canadian miner Endeavour Silver EDR.TO, EXK.N and Silvercorp Metals SVM.TO, SVM.N advance 4% and ~3% respectively

** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P each advance 3.3%

 (Reporting by Dharna Bafna in Bengaluru)

 ((dharna.bafna@thomsonreuters.com))