Silver miners rise on higher bullion prices

Pan American Silver

03/07/2024 15:21

** Shares of silver miners rise, tracking prices of bullion
on a weaker dollar  GOL/ 
    ** Spot silver  XAG=  up ~3.5% at $30.53/ounce, as a weaker
dollar makes bullion more attractive for other currency holders
USD/
    ** Shares of Canadian miners Wheaton Precious Metals
 WPM.TO  and Pan American Silver  PAAS.TO  rise 3.3% and 5.6%,
respectively 
    ** First Majestic  AG.TO , Endeavour Silver  EDR.TO ,
Silvercorp Metals  SVM.TO , MAG Silver  MAG.TO , and Coeur
Mining  CDE.N  jump between 3.7% and 8.6% 
    ** ETFs abrdn Physical Silver Shares ETF  SIVR.P  and 
iShares Silver Trust  SLV.P  up 2.9% each

 (Reporting by Seher Dareen in Bengaluru)
 ((Seher.Dareen@thomsonreuters.com; If in India call +91 74832
70128;))