Silver miners rise as dollar, yields slip ahead of key US jobs data

Silvercorp Metals

11/02/2026 10:35

** U.S.-listed shares of silver miners rise premarket, tracking gains in the white metal's prices GOL/

** Spot silver XAG= rises 5.1% to $84.90 per ounce

** Prices buoyed by a weaker dollar and lower Treasury yields, while investors await key U.S. jobs data later in the day for clues on the Federal Reserve's policy outlook

** Hecla Mining HL.N up 3.7%; Coeur Mining CDE.N up 3.3%

** Canadian miners Endeavour Silver EDR.TO, EXK.N and Silvercorp Metals SVM.TO, SVM.N both up 3.3%

** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P both up ~5%

 (Reporting by Dharna Bafna in Bengaluru)

 ((dharna.bafna@thomsonreuters.com))