BUZZ-Gold, silver miners gain as precious metal prices firm
Endeavor Group Holdings Inc EDR | 29.25 29.25 | Delist 0.00% Pre |
Hecla Mining Company HL | 19.69 19.74 | +2.18% +0.25% Pre |
Anglogold Ashanti PLC AU | 109.80 108.42 | +0.62% -1.26% Pre |
Coeur Mining, Inc. CDE | 21.17 21.02 | +4.23% -0.71% Pre |
Abacus Global Management, Inc. Class A ABX | 8.72 8.72 | +1.87% 0.00% Pre |
** U.S.-listed shares of gold and silver miners gain premarket, tracking rising prices of the precious metals GOL/
** Spot gold XAU= up 1.8% at $4,864.99/ounce and spot silver XAG= rise 4.8% to $74.26/ounce
** Gold and silver prices climb as a rout in global stocks lifted demand for safe havens, with heightened volatility prompting U.S. exchange operator CME to raise margins again on precious metals to mitigate risks
** Top miners Newmont NEM.N and Barrick Mining ABX.TO, B.N up 1.3% and ~2%, respectively
** South African miners Gold Fields GFI.N up 4.7% and AngloGold Ashanti AU.N adds 2.3%
** Harmony Gold HMY.N gains 5% and Sibanye Stillwater SBSW.N rise 4.4%
** Silver miners Hecla Mining HL.N up 1.2% and Coeur Mining CDE.N rise 3.8%
** Canadian miners Endeavour Silver EDR.TO, EXK.N rise marginally, Agnico Eagle Mines AEM.TO, AEM.N adds 1.2% and Kinross Gold K.TO, KGC.N gains 1.4%