Silver miners surge as white metal prices jump

Silvercorp Metals

23/01/2026 15:09

Updates

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

** Spot silver XAG= rises 3.1% to $99.19 per ounce, after hitting a record high of $99.65 earlier

** Prices buoyed by momentum buying and strong fundamentals

** Hecla Mining HL.N up 1.3%; Coeur Mining CDE.N rises ~1%

** Canadian miners: Endeavour Silver EDR.TO advances 2%; Silvercorp Metals SVM.TO inches up 2.2%

** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust ETF SLV.P both gain 3.5%

(Reporting by Dharna Bafna in Bengaluru)

((dharna.bafna@thomsonreuters.com))