Silver miners rise as US–Israel strikes on Iran spark safe-haven demand

Silvercorp Metals

02/03/2026 12:00

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

** Spot silver XAG= up 1.7% to $95.36/ounce, after touching its highest in a month earlier in the session

** Prices rise as U.S.-Israel strikes on Iran expanded on Monday with no end in sight, stoking fears of wider geopolitical and economic uncertainty and sparking a flight to safe havens

** Hecla Mining HL.N and Coeur Mining CDE.N both up ~3%

** Canadian miners Endeavour Silver EDR.TO, EXK.N Silvercorp Metals SVM.TO, SVM.N up 1.4% and ~2%, respectively

** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P both rise 1%

 (Reporting by Dharna Bafna in Bengaluru)

 ((dharna.bafna@thomsonreuters.com))