US Stocks Move: Gold and Silver Prices Rebound, Spot Gold Returns Above $5,200, Precious Metals Sector Rises

Glonghui, March 10｜Silvercorp Metals rose 6.3%, Pan American Silver and Endeavour Silver gained over 5%, Eros Gold, Coeur Mining, and First Majestic Silver increased by more than 4%, while Newmont Corporation, Barrick Gold, Kinross Gold, and Newmont Mining all climbed over 2%. In terms of news, U.S. President Trump stated that the war between the United States and Iran may end soon, progressing much faster than his initial estimate of 4 to 5 weeks. Market panic has eased, with the U.S. dollar and crude oil experiencing significant pullbacks, while gold and silver prices rebounded. Spot gold returned above $5,200/ounce, and silver surged over 3% intraday, breaking through $90/ounce. (Glonghui)