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If You Invested $1000 In Wheaton Precious Metals Stock 20 Years Ago, You Would Have This Much Today
Wheaton Precious Metals (NYSE:WPM) has outperformed the market over the past 20 years by 3.73% on an annualized basis producing an average annual return of 13.13%. Currently, Wheaton Precious Metals has a market
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- benzinga
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- Aug 4, 2026, 3:15 PM
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- Aug 4, 2026, 3:15 PM
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- Captured once, then retained as an archive reference
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Shares of precious metal-related companies are trading higher as gold prices continue to rise. The U.S. Treasury's recent expansion of its debt repurchase program weighed on yields and dollar strength.
Read original at benzingaWhy Wheaton Precious Metals Zoomed 11% Higher Today
Wheaton Precious Metals stock surged 11% after the U.S. Treasury announced it would double its long-term bond repurchases to $4 billion or more per operation. This drove bond prices higher and yields lower, increasing demand for non-yielding investments like precious metals. However, the author cautions investors to be cautious given inflation concerns and potential Federal Reserve interest rate hikes.
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Read original at benzinga