Australian silver miners surge on precious metal rally
11/08/2026 04:43
BUZZ-Australian silver miners surge on precious metal rally ** Australian silver stocks rise, supporting the broader mining sub-index's .AXMM 1.3% jump
** Silver prices gain in tandem with gold and platinum prices, as investors focused on upcoming inflation data for clues on the U.S. interest-rate outlook GOL/
** Silver Mines SVL.AX jumps 10% to A$0.165, its highest since May 26
** Sun Silver SS1.AX gains as much as 5.8% to A$1.195, its highest level since June 2
** Diversified miner South32 S32.AX rises as much as 2% to A$5.185, its highest level since April 20
** AXMM up 20.4% YTD, including the day's moves
(Reporting by Nikita Maria Jino in Bengaluru)
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