Wheaton Precious Metals is trading at $124.00, up 5.6%, in pre-market as precious metals rally.

  • That compares with the November 3 close of $117.42.
  • Reuters reported gold higher early Wednesday; CNBC reported gold up 2.64% and silver up 4.17% as election results weighed on the dollar and Treasury yields.
  • No company-specific announcement explaining the move surfaced. Third-quarter results are scheduled for November 5 after market close; materials are down, suggesting a metals-specific rather than broad materials tailwind.