Pan American Silver is trading at $50.72, up 5.55%, after surprise U.S. jobs contraction boosted silver prices.

  • Silver futures surged to $65.05 after the July employment report showed 23,000 jobs lost, versus approximately 80,000 additions expected.
  • Lower Treasury yields and reduced near-term Federal Reserve hike expectations lifted precious-metals demand; spot silver rose 4.20% in early U.S. trading.
  • The move appears sector-driven, not company-specific; silver-mining shares benefited from broad precious-metals strength. Trading remained active during the open August 7, 2026 session.