Silver-related stocks rise collectively in pre-market trading as spot silver price surges nearly 5%, with expectations of eased geopolitical tensions driving short-term sentiment
智通财经2026/07/21 10:26Show original
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- The US silver mining sector was up across the board in pre-market trading on Tuesday, following the strong performance of spot silver prices. The recovery in the gold-silver ratio and rotation of safe-haven funds jointly boosted the performance of the precious metals sector.
- Spot silver prices rose 4.8% intraday to $59.04 per ounce as investors assessed the possibility of diplomatic de-escalation in the US-Iran conflict. If geopolitical tensions ease, it could curb inflation risks driven by oil prices, thereby impacting expectations for the Federal Reserve's subsequent interest rate trajectory.
- Regarding individual stocks, Hecla Mining and Coeur Mining rose 3.6% and 4.1% respectively in pre-market trading. Canadian miner Endeavour Silver was up 3.9%, Wheaton Precious Metals gained 2.5%, and two exchange-traded products backed by physical silver both rose nearly in the 4.7% to 4.8% range.
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