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. 1
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. 2
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. 3
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. 4
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. 5
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. 6
