Silver miners climb on rising rate cut bets

Pan American Silver

04/03/2024 16:31

** Silver miners rise, tracking prices of the precious metal
    ** Spot silver  XAG=  up 2.3% at $23.68 per ounce, driven by
increased bets for a June interest rate cut by the U.S. Federal
Reserve  GOL/ 
    ** Hecla Mining  HL.N  and Coeur Mining  CDE.N  jump 5.2%
and 7.2%, respectively
    ** Canadian miners Wheaton Precious Metals  WPM.TO  , MAG
Silver  MAG.TO , Pan American Silver  PAAS.TO  and First
Majestic Silver  FR.TO  rise between 2.5% and 3.9%

 (Reporting by Roshia Sabu in Bengaluru)
 ((Roshia.Sabu@thomsonreuters.com))