Changes in US stocks | Precious metals stocks rose before the market, Colderon Mining (CDE.US) rose nearly 4%

The Zhitong Finance App learned that on Friday, precious metals stocks rose before the market. Coldaren Mining (CDE.US) rose nearly 4%, Pan American Silver (PAAS.US) rose more than 2%, and Barrick Mining (B.US), Newman Mining (NEM.US), and Harmony Gold (HMY.US) rose more than 1%. According to the news, the price of gold and silver both increased. Spot gold rose by more than 1%, hitting an upward trend of 4,400 US dollars during the day; spot silver surged 3% and regained its position at 73 US dollars. Traders pointed out that, boosted by further US interest rate cuts and the weakening US dollar, precious metals may perform well in 2026, but recent market concerns that widespread index rebalancing may put pressure on prices.

Precious metals experienced a fierce upward trend in 2025, although the market fluctuated significantly in late December due to some investors' profit settlement and trading indicators showing overbought conditions. Thanks to the central bank's gold purchases, the Federal Reserve's easing policy, and the weakening dollar, the price of gold hit a series of record highs in 2025. Furthermore, safe-haven needs stemming from geopolitical tension and US-led trade frictions have also provided support.