Stock Track | Silvercorp Metals Soars 5.06% in Pre-Market on Silver Price Rally and Dip-Buying Activity

Stock Track

Feb 13

Silvercorp Metals Inc's stock surged 5.06% during pre-market trading on Friday, significantly outperforming the broader market as silver mining stocks experienced a notable rally.

The sharp increase in Silvercorp Metals' share price is attributed to a sector-wide uptick among silver miners, driven primarily by dip-buying activity in the underlying commodity. Spot silver prices rose 3.9% to $78.11 per ounce as bargain-hunters entered the market, providing a strong tailwind for mining companies like Silvercorp Metals.

Investor sentiment towards precious metals is being influenced by anticipation of key U.S. inflation data scheduled for release later in the day. Market participants are closely watching this data for clues about the Federal Reserve's future interest rate policy, which significantly impacts precious metal valuations. The broader precious metal sector, including related ETFs, also showed strength in overnight trading, confirming the sector-wide nature of the move.

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Spot silver prices rose 3.9% to $78.11 per ounce as bargain-hunters entered the market, providing a strong tailwind for mining companies like Silvercorp Metals.</p><p>Investor sentiment towards precious metals is being influenced by anticipation of key U.S. inflation data scheduled for release later in the day. Market participants are closely watching this data for clues about the Federal Reserve's future interest rate policy, which significantly impacts precious metal valuations. The broader precious metal sector, including related ETFs, also showed strength in overnight trading, confirming the sector-wide nature of the move.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SVM","symbol_name":"Silvercorp Metal","start_time":0,"source_url":"","article_id":"1103587127","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1103587127","pubTimestamp":1770993970,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Silvercorp Metals Inc's stock surged 5.06% during pre-market trading on Friday, significantly outperforming the broader market as silver mining stocks experienced a notable rally.The sharp increase...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SVM":"Silvercorp Metal"},"translate_title":"个股追踪|Silvercorp Metals盘前大涨5.06%因银价反弹及逢低买盘活动","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SVM":1},"content_text":"Silvercorp Metals Inc's stock surged 5.06% during pre-market trading on Friday, significantly outperforming the broader market as silver mining stocks experienced a notable rally.The sharp increase in Silvercorp Metals' share price is attributed to a sector-wide uptick among silver miners, driven primarily by dip-buying activity in the underlying commodity. 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