Precious metals rallied, with silver surging 6.5% to $86 an ounce and gold climbing 1.8% to over $5,100. The rise came after weak U.S. retail sales bolstered expectations for Federal Reserve rate cuts, pressuring the dollar. Mining stocks like First Majestic Silver (AG), Hecla Mining (HL), and Pan American Silver (PAAS) gained in premarket trade.