Silver miners rise as dollar slips

Silvercorp Metals

28/01/2026 15:07

Updates

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

** Spot silver XAG= up 0.3% at $113.31 per ounce, after hitting a record high of $117.69 on Monday

** Prices rise driven by economic uncertainty and a weakening U.S. dollar, as investors awaited the Federal Reserve's policy decision amid increasing concerns over its independence.

** Hecla Mining HL.N up 2.4%; Coeur Mining CDE.N up 3%

** Canadian miners Endeavour Silver EDR.TO  up 1.3%; Silvercorp Metals SVM.TO up 1%

** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P both up 3%

(Reporting by Dharna Bafna in Bengaluru)

((dharna.bafna@thomsonreuters.com))