US Stock Market Move | Spot silver enters a historic era of "three-digit" prices, and concept stocks rise across the board.

On Friday, silver concept stocks were generally up, with Coeur Mining, Inc. (CDE.US) up 0.8%, Hecla Mining Company (HL.US) up 0.9%, Endeavour Silver (EXK.US) up over 2.9%, First Majestic Silver (AG.US) up over 3%, and Pan American Silver Corp. (PAAS.US) up over 4%. On the news front, physical silver broke the $100 mark, with an intraday increase of nearly 4%, officially entering the "three-digit era". In less than a month since the beginning of the year, its increase has approached 40%. This is mainly due to investors' preference for safe-haven assets, the weakness of the US dollar, and strong industrial demand. Ole Hansen, an analyst at Saxo Bank, said: "The momentum has obviously become an important part of this market, with FOMO (fear of missing out) playing a significant role as prices enter unknown territory." However, he also pointed out: "If this rally is simply seen as pure speculation, that would be a mistake."