Sibanye-Stillwater Limited (SBSW) shares are experiencing an uptick today, likely influenced by the broader positive sentiment in the precious metals market. Gold and silver prices have risen, supported by a weaker U.S. dollar index and lower U.S. Treasury yields, which are enhancing the appeal of these metals as safe-haven assets. The ongoing geopolitical tensions, particularly in Eastern Europe, are also contributing to the increased demand for gold and silver, providing a favorable backdrop for companies involved in precious metals mining, such as Sibanye-Stillwater.
Sibanye-Stillwater Limited (SBSW) shares are up 2.78% to $4.25 as of 12:47 pm on Tuesday, compared to its previous close of $4.14 and 2.53% higher than its open price of $4.15.