Silver miners climb as white metal gains on weaker dollar

Silvercorp Metals

26/01/2026 15:13

Updates

** Shares of silver miners rise, tracking gains in prices of the white metal GOL/

** Spot silver XAG= rises 6.5% to $109.64 an ounce, after hitting a fresh peak of $110.87 earlier in the session

** Price
rise
 supported by weak U.S. dollar, which lingered near a multi‑month low, making dollar‑priced assets more affordable for holders of other currencies USD/

** Hecla Mining HL.N up 4.7%; Coeur Mining CDE.N rises 4.1%

** Canadian miners Endeavour Silver EDR.TO advances 5.4%; Silvercorp Metals SVM.TO inches up 6.4%

** Abrdn Physical Silver Shares ETF SIVR.P up 7.5% and iShares Silver Trust ETF SLV.P gains 7.1%

** Silver breached the $100-mark on Friday as momentum-driven and retail buying added to a prolonged spell of tightness in physical markets for the precious and industrial metal

 (Reporting by Rashika Singh and Pranav Mathur in Bengaluru)

 ((Rashika.Singh@thomsonreuters.com;))