Gold Rally: Streaming Leader Soars, Adding $5 Billion in a Day

Wheaton Precious Metals Corp. (WPM) closed at $131.01 on March 31 on the New York Stock Exchange, up 6.08% from the prior session. Its market capitalization swelled to about $59.4 billion—roughly ₩80 trillion—adding nearly $3.8 billion (about ₩5 trillion) in a single day. Trading volume exceeded 1.15 million shares, reflecting strong investor demand.

The recent share rally follows the company’s announcement of record full-year 2025 results, an 18% increase in its quarterly dividend, and the securing of an additional silver stream at Peru’s Antamina mine for approximately $4.3 billion, all of which bolster its long-term growth prospects. After surpassing its 2025 production guidance, Wheaton Precious Metals released its production plan for 2026 and a long-term outlook projecting approximately 50% growth in gold equivalent ounces to reach 1.2 million ounces annually by 2030.

Headquartered in Canada, Wheaton Precious Metals is a leading precious-metals streaming company. Rather than developing mines itself, it provides upfront financing to mining operators in exchange for the right to purchase gold and silver at low, fixed prices over the long term, capturing the spread between its fixed purchase price and market prices as profit.