
Group 1 - The core viewpoint of the article highlights the significant rise in the stock price of Silvercorp Metals (SVM.US), which increased by 17.27% to $6.11, marking a cumulative gain of 104% year-to-date [1] - Gold futures for December delivery on the New York Commodity Exchange rose by $69.30, or 1.9%, closing at $3,775.10 per ounce, achieving the highest closing price on record for the most active contract [1] - The year-to-date increase in gold prices has reached 43%, surpassing the inflation-adjusted historical peak from 1980, with this being the 36th time gold has set a new historical closing record this year [1] Group 2 - Silver prices also saw a significant increase, with spot silver rising to $43.8 per ounce, reaching a level not seen in over 14 years [1] - The rise in gold and silver prices is attributed to multiple favorable factors, including the Federal Reserve's easing policies, central banks increasing reserves, and ongoing geopolitical tensions driving safe-haven demand [1] - Silver is facing a continuous supply shortage due to strong demand from green industries such as photovoltaics [1] Group 3 - Silvercorp's El Domo project is currently under construction and is rich in copper, gold, and silver, which will help the company diversify its metal portfolio and reduce reliance on silver, lead, and zinc prices [1] - According to feasibility studies, the El Domo project is expected to yield an average annual production of approximately 21,000 tons of copper equivalent over a 10-year mine life, potentially becoming a significant profit growth driver for the company [1]