Stock Track | Pan American Silver Soars 5.01% Intraday as Silver Stocks Jump on U.S. Economic Data

Stock Track02-21 04:37

Pan American Silver's stock surged 5.01% during intraday trading on Friday, reflecting strong momentum in the precious metals sector.

The movement comes as gold and silver stocks broadly advanced following the release of U.S. economic data showing slower-than-expected GDP growth in the fourth quarter and higher-than-anticipated inflation readings for December. These economic conditions typically increase investor interest in precious metals as alternative assets.

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