Pan American Silver PAAS stock jumps in premarket as silver smashes records — what to watch next
Pan American Silver shares jumped 4.5% to $56.70 in U.S. premarket trading Monday as silver futures surged 6% on CME. The rally followed news of a criminal probe involving Fed Chair Jerome Powell, sparking investor demand for hard assets. Other silver miners and the Global X Silver Miners ETF also climbed. Pan American’s next earnings are due Feb. 18.