Silver miners surge as the metal hits record high on rate cut hopes

Pan American Silver

28/11/2025 15:01

Updates

        ** Shares of silver miners rise, tracking prices of white metal GOL/
        ** Silver miners gain after the metal XAG= hits record high of $55.08/ounce on optimism over a possible Federal Reserve rate cut in December
        ** Hecla Mining HL.N up 3.5% and Coeur Mining CDE.N rises 3.6%
        ** Canadian miners: Endeavour Silver EDR.TO rises 3%, Pan American Silver PAAS.TO up 3.6% and Silvercorp Metals SVM.TO up 4.7%
        ** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P climb 3% and 3.2%, respectively

 (Reporting by Varun Sahay in Bengaluru)

 ((Varun.sahay@thomsonreuters.com;))