Sylway Metal Mining (SVM.US) rose 5% to $3.150, bucked the trend when the three major US stock indices collectively declined at the beginning of 2025, and ushered in a “good start”.
The Zhitong Finance App learned that by the close of the US stock market on Thursday, benefiting from the rise in gold futures prices on the first financial market trading day in 2025, the stock price of Sylvie Metal Mining (SVM.US) rose 5% to $3.150. Its stock price bucked the trend when the three major US stock indices collectively declined in 2025, ushering in a “good start.”
According to public information, Hilway mainly acquires, explores, develops and produces non-ferrous metals and precious metal mines such as silver, gold, lead and zinc. The strong trend in precious metal prices such as gold and silver in the beginning of 2025 drove Hilway's stock price to rise sharply. Looking ahead to the gold market, the market's bullish sentiment on the gold price can be described as very high. Wall Street financial giants such as Goldman Sachs, Bank of America, and J.P. Morgan Chase generally predict that the price of gold, which has been rising rapidly in 2024, will rise further in 2025, and is expected to move towards the all-time high of 3,000 US dollars. In contrast, the price of gold futures is currently hovering around $2,680 per ounce.
