US Stock Market Move | Spot gold and silver prices continue to reach new highs! Precious metal concept stocks are generally rising in the pre-market trading.
On Monday, precious metal concept stocks rose across the board before the market opened. As of the time of writing, First Majestic Silver (AG.US) was up more than 5%, and Pan American Silver (PAAS.US) was up more than 4%.
On Monday, precious metal concept stocks rose across the board before the market opened. As of the deadline, First Majestic Silver (AG.US) rose more than 5%, Pan American Silver Corp. (PAAS.US) rose over 4%, Endeavour Silver (EXK.US) rose nearly 4%, Newmont Mining (NEM.US) rose over 2%, and Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY.US) rose over 1%. On the news front, on January 26, spot gold in London broke through the $5100 per ounce mark, reaching a historical high. London spot silver also strengthened, with intraday gains of over 5%, surpassing $110 per ounce.
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