US Stock Market Move | Precious metal stocks rose before the market opened. Coeur Mining, Inc. (CDE.US) surged nearly 4%.

On Friday, precious metal stocks rose before the market opened, with Coeur Mining, Inc. (CDE.US) up nearly 4%, Pan American Silver Corp. (PAAS.US) up over 2%, Barrick Mining (B.US), Newmont Mining (NEM.US), and Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY.US) up over 1%. On the news front, both gold and silver prices rose, with spot gold up over 1%, reaching up to $4400 during the day; spot silver surged 3%, reclaiming $73. Traders pointed out that with the boost from further rate cuts in the US and a weakening US dollar, precious metals may perform well in 2026, but recent worries about widespread index rebalancing could put pressure on prices. Precious metals experienced a fierce rally in 2025, with gold hitting a series of historical highs due to central bank gold purchases, loose policies from the Federal Reserve, and a weaker US dollar. Despite profit-taking by some investors in late December and overbought conditions indicated by trading indicators, the market saw significant volatility. Additionally, the political tensions involving GEO Group Inc and the safe-haven demand triggered by US-led trade frictions also provided support.