SLV - Precious metals miners ride gold futures' biggest daily jump in two months

Mining shares are surging on Thursday as gold prices bounce, with a drop in the U.S. dollar and Treasury yields combining with weakness in risk assets amid worries about global growth. The VanEck Gold Miners ETF (NYSEARCA:GDX) +5.5% for its biggest intraday gain since February, led by surges in Fortuna Silver Mines (FSM) +10.6% and Coeur Mining (CDE) +10.5%; other big gainers include (IAG) +9.1%, (EXK) +8.9%, (AG) +8.5%, (HL) +7.4%, (AEM) +7.4%, (EGO) +6.9%, (HMY) +6.2%, (WPM) +6.2%, (AU) +5.9%, (SVM) +5.7%, (AUY) +5.3%, (KGC) +5.3%, (GOLD) +4.9%, (FNV) +4.4%, (NEM) +3.3%. Other relevant ETFs include (NYSEARCA:GLD), (IAU), (NUGT), (PHYS), (SIL), (SIVR), (SLV) June Comex gold (XAUUSD:CUR) +1.4% to $1,841.80/oz, on pace for its best daily percentage rise for the most-active contract since mid-March, while July silver (XAGUSD:CUR) +1.5% to $21.875/oz. "Gold is attracting safe-haven flows as the focus has shifted to the weakness in the U.S. with jobless

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Precious metals miners ride gold futures' biggest daily jump in two months