Silver miners rise as soft inflation data rekindles Fed rate cut hopes

Silvercorp Metals

13/02/2026 15:02

Updates

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

** Spot silver XAG= rises 2.7% to $78.72 per ounce

** Prices climb as weaker-than-expected U.S. inflation data reignited hopes for Federal Reserve rate cuts this year, offsetting concerns from stronger than expected jobs data earlier in the week

** Hecla Mining HL.N up 6.5%; Coeur Mining CDE.N up 4.5%

** Canadian miners Endeavour Silver EDR.TO Silvercorp Metals SVM.TO, SVM.N advance ~5% each

** Abrdn Physical Silver Shares ETF SIVR.P up 2.1% and iShares Silver Trust ETF SLV.P inches up 3.4%

 (Reporting by Dharna Bafna in Bengaluru)

 ((dharna.bafna@thomsonreuters.com))