Stock Track | Fortuna Silver Mines Soars 6.83% Intraday on U.S. GDP and Inflation Data

Stock Track

02/20

Fortuna Silver Mines' stock soared 6.83% during intraday trading on Friday, as precious metal stocks rallied.

The surge came after U.S. economic data showed slower-than-expected GDP growth and higher-than-expected inflation in December, boosting demand for silver and gold-related assets as safe-haven investments.

Other silver miners and ETFs also saw significant gains, with the sector broadly benefiting from the economic indicators that suggest continued inflationary pressures and economic cooling.

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