SLV stock jumps as silver price climbs above $80; Venezuela turmoil and Fed cuts in focus
Shares of iShares Silver Trust rose 6.3% to $73.44 in afternoon trade on Tuesday as silver prices pushed higher. Silver miner First Majestic Silver gained 7.9%, while Pan American Silver and Wheaton Precious Metals were up about 4.0% and 3.6%, respectively. SLV hit $73.83 and had traded about 70 million shares by early afternoon.