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Silver Tops $30 an Ounce to Reach Highest in More Than a Decade
Spot silver surpassed $30 an ounce for the first time in more than a decade in a rally that has become more forceful and fast than gold’s gains amid robust financial and industrial demand. The precious metal rose as much as 3.3% to $30.55 an ounce, the highest intraday level since Feb. 15, 2013. Silver has soared by 28% this year, outpacing gold and making it one of the year’s best-performing major commodities. Silver has soared by more than a quarter this year, outpacing gold and making it one of the year’s best-performing major commodities. Still, in relative terms to gold, silver is still cheap. The two ... (full story)