Silver miners rise as metal prices climb on robust US job report

Silvercorp Metals

11/02/2026 14:57

Updates

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

** Spot silver XAG= rises 5.1% to $84.84 per ounce

** Prices rise after strong U.S. employment report indicates the Federal Reserve may keep interest rates unchanged for some time

** Hecla Mining HL.N up 1.5%

** Canadian miners Endeavour Silver EDR.TO  up 1%, Silvercorp Metals SVM.TO advances 3.5%

** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P both up ~4%

(Reporting by Dharna Bafna in Bengaluru)

((dharna.bafna@thomsonreuters.com))