Changes in US stocks | Gold and silver stocks generally rose, Pan American Silver (PAAS.US) and Colderon Mining (CDE.US) rose more than 3%

The Zhitong Finance App learned that on Thursday, gold and silver stocks generally rose, Pan American Silver (PAAS.US) and Coldaren Mining (CDE.US) rose more than 3%, and Newman Mining (NEM.US) rose more than 2%. According to the news, spot silver continued to rise, rising by nearly 1% during the day, with a cumulative sharp rise of 115% during the year, and is now reported at 62.39 US dollars.

Saxo Bank released a report on Wednesday stating that due to multiple rare favorable resonances such as monetary policy, market structure, and spot supply and demand, silver prices have more than doubled in 2025, breaking through the $60 mark in one fell swoop to a record high. Looking ahead to 2026, the silver bull market pattern will continue, but we need to be wary of some potential risk disturbances. Ole Hansen, head of commodity strategy at Saxo Bank, analyzed that tight supply, industrial demand with insufficient price elasticity, and policy-driven market mismatches have all amplified the rise in silver, making the increase far greater than can be explained by the trend of gold alone.