New York, January 26, 2026, 10:45 AM (EST) — Regular session underway.
- Hycroft Mining shares climbed roughly 9% in morning trading, pushing higher amid the ongoing silver rally.
- Silver and gold surged to new highs, pushing precious-metals miners broadly higher.
- Attention shifts to the Fed’s January move and if the gold rally can sustain itself.
Shares of Hycroft Mining Holding Corporation jumped 9.4% to $55.39 in Monday’s morning session, hitting a peak of $58.63 earlier. The rise came amid a broader rally in precious metals, which lifted riskier mining stocks.
This matters now since Hycroft moves almost like a silver lever: when bullion jumps, smaller players can spike sharply, pulling in quick traders.
Gold soared to a record $5,110.50 an ounce, while silver climbed to an all-time peak of $109.44, Reuters reported. Traders cited safe-haven demand, snapping up assets viewed as havens amid political and market turmoil. Kyle Rodda, senior market analyst at Capital.com, described the move as a “crisis of confidence” in U.S. assets. (Reuters)
Some strategists are betting the buying spree will continue. “The only certainty at the moment seems to be uncertainty,” said independent analyst Ross Norman, pointing to geopolitics and central-bank purchases as driving gold demand. (Reuters)
Hycroft ended Friday at $50.65, swinging between $45.79 and $51.47 during the session. Volume hovered around 7 million shares, per historical data. (Yahoo Finance)
The broader market showed a clear risk-on mood Monday: the iShares Silver Trust ETF jumped roughly 9%, and the SPDR Gold Shares ETF climbed about 2%. The VanEck Gold Miners ETF surged more than 4%, while the Global X Silver Miners ETF gained over 5%, boosted by miner stocks including Hecla and Coeur.
Silver hovered near $109.94 a troy ounce, marking a 7.28% jump since Friday, data from FXStreet showed. (FXStreet)
Hycroft is moving ahead with the Hycroft mine in northern Nevada, focusing on technical studies to shift the site into its next phase of commercial sulfide ore processing. (Hycroftmining)
But leverage works both ways. Should silver lose ground or the macro sentiment shift, junior miners could plunge just as fast, with volatile intraday swings turning from an advantage into a liability.
The next major event is the Federal Reserve’s January meeting, scheduled for Jan. 27–28. The policy announcement and press conference will take place on Jan. 28 — a critical moment for the dollar and interest rates, factors that often influence bullion prices. (Federalreserve)
