US Stock Market Move | Precious metals sector strengthens, Coeur Mining, Inc. (CDE.US) rises more than 7%

On Friday, the precious metals sector was strong. Coeur Mining, Inc. (CDE.US) rose more than 7%, Pan American Silver Corp. (PAAS.US) rose more than 4%, Newmont Mining (NEM.US), Barrick Mining (B.US), and Agnico Eagle Mines Limited (AEM.US) all rose more than 3%. On the news front, gold and silver prices surged significantly, with spot gold rising more than 3% to $4538.25 per ounce and spot silver rising more than 4% to $71.19 per ounce.