Silver Stocks Surge as Metal Sets New Record High Above $90/Ounce.

Silver mining stocks surged on Wednesday after the metal hit a record high and held above $90 per ounce. Shares of Hecla Mining, Endeavour Silver, First Majestic Silver, Coeur Mining, and Wheaton Precious Metals rose between 2.3% and 3.4%. ETFs related to silver also rallied, with the Abrdn Physical Silver Shares ETF and iShares Silver Trust fund jumping 4% and 4.2%, respectively. London-listed shares of Fresnillo touched a record high and were up 0.8%.