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Silver is the new Gamestop: Price boosted by online movement | iNFOnews | Thompson-Okanagan's News Source

Wall Street s GameStop bug may have mutated; silver surges
FILE - In this file photo dated Wednesday, May 9, 2007, Silver bullion, bars weighing five kilograms each, are displayed in the trading room of the stock exchange in Frankfurt, Germany. Silver futures jumped more than 10% on Monday Feb. 1, 2021, following strong gains over the weekend.(AP Photo/Michael Probst, FILE)
February 01, 2021 - 5:24 PM
NEW YORK - The erratic trading in shares of underdog companies like GameStop that turned markets combustible last week appears to have migrated to commodities, sending silver prices surging to an eight-year high.
Silver futures jumped more than 9% on Monday to $29.42 per ounce with #silversqueeze trending on Twitter. That exuberance spread to companies that mine precious metals, especially silver. Shares of Pan American Silver surged about 12%, First Majestic Silver rose 22% and Hecla Mining spiked 28%. ....

Silver Mountain , City Of , United Kingdom , Silver Mines Ltd , Australian Stock Exchange , Mines Ltd , வெள்ளி மலை , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , வெள்ளி சுரங்கங்கள் லிமிடெட் , ஆஸ்திரேலிய ஸ்டாக் பரிமாற்றம் , சுரங்கங்கள் லிமிடெட் ,

Mon. 8:55 a.m.: Silver is the new GameStop: Price boosted by online movement | News, Sports, Jobs

Feb 1, 2021
In this 2007 file photo, silver bullion bars weighing five kilograms each are displayed in the trading room of the stock exchange in Frankfurt, Germany. Silver futures jumped more than 10 percent today following strong gains over the weekend. (AP Photo/Michael Probst, FILE)
LONDON (AP) The price of silver is rallying as the online trading movement fuelling the rise of unloved shares like GameStop took a shine to the precious metal.
Silver futures jumped almost 12 percent today to over $30 per ounce an eight-year high following strong gains over the weekend.
On Twitter, #silversqueeze was trending as investors turned their attention to the latest market strategy to emerge from the “WallStreetBets” forum on Reddit. The online army of Reddit traders have over the past week rallied to defend out-of-favor companies such as GameStop and AMC, defeating hedge funds that had bet the shares would fall by selling them short, in a stunning reversal of fi ....

City Of , United Kingdom , Silver Mines Ltd , Australian Stock Exchange , Silver Mountain , Mines Ltd , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , வெள்ளி சுரங்கங்கள் லிமிடெட் , ஆஸ்திரேலிய ஸ்டாக் பரிமாற்றம் , வெள்ளி மலை , சுரங்கங்கள் லிமிடெட் ,

The new GameStop may be silver: Price of precious metal rallying

The new GameStop may be silver: Price of precious metal rallying
baltimoresun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baltimoresun.com Daily Mail and Mail on Sunday newspapers.

City Of , United Kingdom , Silver Mines Ltd , Australian Stock Exchange , Silver Mountain , Mines Ltd , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , வெள்ளி சுரங்கங்கள் லிமிடெட் , ஆஸ்திரேலிய ஸ்டாக் பரிமாற்றம் , வெள்ளி மலை , சுரங்கங்கள் லிமிடெட் ,

Silver is the new Gamestop: Price boosted by online mov...

NEW YORK (AP) The erratic trading in shares of underdog companies like GameStop that turned markets combustible last week appears to have migrated to commodities, sending silver prices surging to an eight-year high.
Silver futures jumped almost 12% on Monday to over $30 per ounce following strong gains over the weekend. That exuberance spread to companies that mine precious metals, especially silver. Shares of Pan American Silver surged more than 16%, First Majestic Silver rose 25%, Hecla Mining spiked 41%, and Coeur Mining soared 35%.
On Twitter, #silversqueeze began to trend as just the latest anomaly to emerge from the “WallStreetBets” forum on Reddit.
The online army of Reddit traders have banded together for the past week to pour money into out-of-favor companies such as GameStop and AMC. In the process, they ve done heavy damage to hedge funds that had bet the shares would fall in a stunning reversal of financial power on Wall Street. ....

City Of , United Kingdom , Silver Mines Ltd , Australian Stock Exchange , Silver Mountain , Mines Ltd , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , வெள்ளி சுரங்கங்கள் லிமிடெட் , ஆஸ்திரேலிய ஸ்டாக் பரிமாற்றம் , வெள்ளி மலை , சுரங்கங்கள் லிமிடெட் ,

Silver is the new GameStop: Price boosted by online movement | Business

FILE - In this file photo dated Wednesday, May 9, 2007, Silver bullion, bars weighing five kilograms each, are displayed in the trading room of the stock exchange in Frankfurt, Germany. Silver futures jumped more than 10% on Monday Feb. 1, 2021, following strong gains over the weekend.(AP Photo/Michael Probst, FILE)
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Monday, February 01, 2021 10:20 am
Silver is the new GameStop: Price boosted by online movement
Associated Press

LONDON – The price of silver is rallying as the online trading movement fuelling the rise of unloved shares like GameStop took a shine to the precious metal.
Silver futures jumped almost 12% on Monday to over $30 per ounce - an eight-year high - following strong gains over the weekend. ....

City Of , United Kingdom , Silver Mines Ltd , Australian Stock Exchange , Silver Mountain , Mines Ltd , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , வெள்ளி சுரங்கங்கள் லிமிடெட் , ஆஸ்திரேலிய ஸ்டாக் பரிமாற்றம் , வெள்ளி மலை , சுரங்கங்கள் லிமிடெட் ,