As the price of silver surpassed $60 per ounce for the first time, and the price of gold also increased, Asian precious metals stocks rose. This is because traders expect the Federal Reserve to adopt a more loose monetary policy and believe that the gold supply is still tight. Furthermore, spot silver prices rose as much as 4.5% to $60.7943 per ounce, surpassing the peak just reached last week. In Australia, silver miner Sun Silver rose 13%, Silver Mines rose 11%, Zimplats 2.6%, gold mining stocks Ramelius Resources rose 9.8%, Newmont 5.5%, Westgold 5.1%, and Evolution 4%. Indonesia's Archi Indonesia rose 2.9%, Aneka Tambang rose 1%, and Bumi Resources Minerals rose 5.7%. India's Hindustan Zinc once rose 4.3%, while gold financial institution Manappuram Finance rose 3.2%.

As the price of silver surpassed $60 per ounce for the first time, and the price of gold also increased, Asian precious metals stocks rose. This is because traders expect the Federal Reserve to adopt a more loose monetary policy and believe that the gold supply is still tight. Furthermore, spot silver prices rose as much as 4.5% to $60.7943 per ounce, surpassing the peak just reached last week. In Australia, silver miner Sun Silver rose 13%, Silver Mines rose 11%, Zimplats 2.6%, gold mining stocks Ramelius Resources rose 9.8%, Newmont 5.5%, Westgold 5.1%, and Evolution 4%. Indonesia's Archi Indonesia rose 2.9%, Aneka Tambang rose 1%, and Bumi Resources Minerals rose 5.7%. India's Hindustan Zinc once rose 4.3%, while gold financial institution Manappuram Finance rose 3.2%.