Company Overview - Avino Silver & Gold Mines focuses on silver and gold production, primarily operating in Mexico with key assets being the Avino Mine and La Preciosa [1] Recent Performance - ASM's share price increased by 13.5%, closing at $7.83, driven by a 22% year-over-year increase in silver production [3] - The company produced 345,298 ounces of silver in Q4 2025, contributing to a total silver production of 1.16 million ounces for the year, which is a 4% increase [3] Market Trends - The broader market for silver has been favorable, with prices soaring 223.6% year over year due to strong safe-haven demand, geopolitical tensions, and trade conflicts [4] - Industrial demand for silver, particularly in solar energy and electronics, has also contributed to the price increase [4] Analyst Ratings - H.C. Wainwright upgraded ASM to a "Buy" rating on January 23, 2026, raising the price target from $7.40 to $12.50, reflecting confidence in ASM's growth potential [2][6] - The stock is currently priced at $9.26, marking an 18.20% increase with a market capitalization of approximately $1.45 billion [5]

Core Viewpoint - Silver has reached an all-time high of $101, outperforming gold as the best-performing asset in the current macro environment, while Bitcoin has not followed the same upward trend, raising questions about its future trajectory [1]. Group 1: Market Dynamics - Risk-off demand is dominating markets, with investors moving into defensive assets like silver and gold amid rising uncertainty [2]. - Falling real rate expectations are supporting metals, as markets anticipate multiple US Federal Reserve rate cuts in 2026, which lowers real yields and weakens the US dollar, benefiting precious metals [3]. - A weaker dollar makes dollar-denominated metals cheaper for international buyers, contributing significantly to silver's momentum in January [4]. Group 2: Geopolitical and Economic Factors - Escalating geopolitical tensions, including trade disputes and conflicts in Eastern Europe and the Middle East, are driving investors towards safe-haven assets [5]. - Concerns over US fiscal sustainability and rising government debt are also influencing market behavior [5]. Group 3: Supply and Demand Factors - The silver market is facing real-world supply constraints, with a structural deficit persisting for several years, as most silver production is a by-product of mining other metals [6]. - The US has designated silver as a critical mineral, leading to strategic stockpiling and tighter inventories, which has pushed prices higher as demand outpaces supply [7]. - Industrial demand for silver is increasing due to its critical role in the global energy transition, making it a strategic commodity in energy security and infrastructure resilience [8].

Company Performance - Coeur Mining (CDE) shares increased by 12.5% to $25.77 in the last trading session, with a notable trading volume, and have gained 22.4% over the past four weeks [1] - The consensus EPS estimate for Coeur Mining's upcoming quarterly report has been revised down by 15.9% over the last 30 days [4] - Coeur Mining currently holds a Zacks Rank of 1 (Strong Buy) [5] Industry Insights - Silver prices have surged by 223.6% year over year, while gold prices have risen by 77.9%, driven by strong safe-haven demand and geopolitical tensions [2] - Silver is currently trading at approximately $99, nearing record highs, and gold is above $4,900, supported by a weak dollar [2] - The demand for solar energy, electronics, and electrification now constitutes over half of global silver demand, contributing to resilient industrial demand and supply deficits [2] Earnings Expectations - Coeur Mining is expected to report quarterly earnings of $0.33 per share, reflecting a year-over-year increase of 200%, with revenues projected at $668.7 million, up 119% from the previous year [3] - Trends in earnings estimate revisions are closely linked to near-term stock price movements, indicating potential strength in the stock [3]

Company Performance - Avino Silver's shares increased by 13.5% to $7.83 in the last trading session, with a higher-than-average trading volume [1] - The company reported a 22% year-over-year increase in silver production, reaching 345,298 ounces in Q4 2025, contributing to a total production of 1.16 million ounces for the year, which is a 4% increase [2] - The consensus EPS estimate for the upcoming quarterly report is $0.06, reflecting a year-over-year decline of 14.3%, while revenues are expected to be $27.7 million, up 13.6% from the previous year [4] Industry Insights - Silver prices have surged by 223.6% year-over-year, driven by strong safe-haven demand and geopolitical tensions, while gold prices have risen by 77.9% [3] - The demand for silver is significantly influenced by industrial applications, particularly in solar energy and electronics, which now account for over half of global silver demand [3] - Avino Silver is part of the Zacks Mining - Silver industry, where another company, Endeavour Silver, saw a 10.9% increase in its stock price, with a 25.2% return over the past month [6]

Group 1 - Indian equity markets experienced a rebound after three sessions of losses, with the BSE Sensex rising by 397.74 points, or 0.49%, closing at 82,307.37 [3][9] - The NSE Nifty increased by 132.40 points, or 0.53%, settling at 25,289.90, with an intraday high of 25,435.75 [5] - Key gainers included Bharat Electronics Ltd, Tata Steel, Adani Ports, State Bank of India, and Bajaj Finserv, while laggards included ICICI Bank, Maruti Suzuki India, and HDFC Bank [4][8] Group 2 - Market sentiment improved due to US President Donald Trump's withdrawal of tariff threats against the EU and positive remarks regarding a potential India-US trade deal, which encouraged risk-taking [9] - Experts noted that initial corporate earnings did not significantly support current valuation levels, but there is potential upside from robust domestic demand expected in upcoming quarterly earnings [10] - Foreign institutional investors sold equities worth Rs 1,787.66 crore, while Domestic Institutional Investors (DIIs) purchased stocks worth Rs 4,520.47 crore [11]

Market Volatility and Gold's Appeal - January has experienced significant market volatility, influenced by President Trump's tariffs on eight European nations, which may set a turbulent tone for the year ahead [1][4] - The CBOE Volatility Index has surged approximately 27% since last Monday and is up about 31% since the start of 2026, indicating heightened market uncertainty [2] Gold Price Performance - Gold prices have rallied significantly, increasing by 44.61% over the past six months and 79.93% over the past year, supported by solid fundamentals and a positive long-term outlook [3] - The demand for gold is being reinforced by increasing central bank purchases, ongoing economic uncertainty, expectations of further Federal Reserve rate cuts, and a weaker U.S. dollar [3][10] Geopolitical Tensions - Renewed transatlantic trade war rhetoric, particularly regarding President Trump's actions towards Greenland, has escalated geopolitical tensions, further driving demand for safe-haven assets like gold [4][7] - U.S. military actions in various regions and ongoing geopolitical flashpoints contribute to gold's safe-haven appeal [7] Investment Trends in Gold - In the week ending January 14, gold and precious metals commodity funds saw net inflows of $1.81 billion, marking the ninth week of net purchases in the last ten weeks [8] - A weaker U.S. dollar, which has fallen 0.75% over the past five days and 8.67% over the past year, typically increases demand for gold as it becomes more affordable for foreign buyers [9] Federal Reserve Influence - Anticipation of further Federal Reserve rate cuts in 2026 is expected to support gold prices, as a weaker dollar becomes less attractive to foreign investors [10] - Concerns over the independence of the Federal Reserve, particularly in light of President Trump's actions, may also bolster gold's appeal [11] Investment Strategies - In the current volatile market, a long-term passive investment approach is recommended for gold exposure, allowing investors to remain resilient through market disruptions [12] - Suggested funds for increasing gold exposure include SPDR Gold Shares (GLD), iShares Gold Trust (IAU), and others [13][14] - Gold miners ETFs, such as VanEck Gold Miners ETF (GDX) and Sprott Gold Miners ETF (SGDM), provide access to the gold mining industry, which can magnify gains and losses [15]

Market Overview - Indian equity markets experienced losses for the third consecutive session due to heightened geopolitical tensions, weak global peers, and persistent foreign fund outflows [3][9] - The 30-share BSE Sensex closed at 81,909.63, down 270.84 points or 0.33 percent, while the NSE Nifty declined 75 points or 0.30 percent to 25,157.50 [4][5] Stock Performance - Major laggards included ICICI Bank, Trent, Bharat Electronics, Axis Bank, HDFC Bank, Larsen & Toubro, State Bank of India, and Maruti [6][7] - Gainers in the market were Eternal, UltraTech Cement, InterGlobe Aviation, and Reliance Industries [7][8] Investor Activity - Foreign institutional investors sold equities worth ₹2,938.33 crore, while domestic institutional investors purchased stocks worth ₹3,665.69 crore [8] Market Sentiment - Analysts noted that domestic markets were affected by global risk factors, leading to volatility, although some value buying helped recover early losses [10] - The weakening rupee and uncertainties regarding trade ties are expected to prolong market volatility [10]

The crypto market shed $150 billion in capitalization as Bitcoin plunged below $88,000 amid a brutal leverage unwind, while gold surged past $4,800 per ounce for the first time in history. The sharp divergence came as President Donald Trump’s escalating tariff threats against European allies over Greenland triggered a broad flight from US risk assets, with geopolitical tensions reaching their highest point since the Liberation Day tariff announcements of April 2025. Bitcoin tumbled 9% in 48 hours to $87 ...

Group 1 - Gold prices increased on Wednesday amid rising tensions between the U.S. and Europe [1] - The tensions were fueled by President Trump's renewed efforts to acquire Greenland [1]

Core Viewpoint - West Texas Intermediate crude oil prices experienced a decline due to geopolitical tensions and an anticipated increase in U.S. crude inventories, which overshadowed a temporary output halt in Kazakhstan's large fields [1] Group 1: Price Movement - West Texas Intermediate crude oil prices fell on Wednesday [1] Group 2: Influencing Factors - Geopolitical tensions exerted pressure on oil prices [1] - An expected build-up in U.S. crude inventories contributed to the price decline [1] - A temporary halt in output at two large fields in Kazakhstan was not sufficient to counteract the downward pressure on prices [1]