Wheaton Precious Metals is trading 10.2% up at $129.40 on November 4, as gold and silver rally.

  • Reuters reported gold up 3% and silver up 4.4%; a weaker U.S. dollar after Democrats secured control of Congress supported demand for precious metals.
  • The move appears driven by the metals rally rather than a company-specific announcement.
  • Wheaton Precious Metals is set to release third-quarter results on November 5, according to available company news.