First Majestic Silver Corp. shares rise 3.94% premarket as gold futures hit record high.

First Majestic Silver Corp. rose 3.94% in premarket trading. The increase in gold futures to a record high due to concerns around the U.S. Federal Reserve's independence, mounting interest-rate-cut bets, and tariff uncertainty likely contributed to the stock's rise. Gold miners, including First Majestic Silver Corp., typically benefit from higher gold prices, as they increase the value of their reserves and potential profits.