US Stock Market Move | Silvercorp Metals Inc. rallied 7.5%, and basic metals rose across the board.

Silvercorp Metals Inc. (SVM.US) closed up 7.5% on Tuesday, at $3.87. The stock has risen 29% so far this year. In terms of news, the base metal prices on the London Metal Exchange all rose at the close on Tuesday, with copper up 1.96%, aluminum up 0.46%, and zinc up 2.65%. Jeff Currie, Chief Strategic Officer for Energy Pathways at Carlyle Group Inc and former commodities analyst at Goldman Sachs Group, Inc., warned that the costs of metals such as copper will see additional "security premiums." This is because tariffs mean that many countries will need to pay more to ensure domestic supply. Public information shows that Silvercorp Metals Inc. primarily acquires, explores, develops, and produces silver, gold, lead-zinc, and other non-ferrous metals and precious metals mines. With Trump's introduction of various trade tariffs, increased volatility in the U.S. stock market, and growing expectations of interest rate cuts in the U.S. leading to the weakening of the U.S. dollar, investors are turning to commodities.