Gold & Silver Prices Hit Records: Central Banks Are Buying Gold—Here’s Why Silver Could Be Next | Metals Mine

  • Gold & Silver Prices Hit Records: Central Banks Are Buying Gold—Here’s Why Silver Could Be Next

    From sdbullion.com

    Gold and silver are at historic highs — with gold recently surpassing $3,590/oz and silver under $41/oz, underscoring their growing role as alternative stores of value. Central banks are leading the trend — countries like India, China, and Russia continue record-setting bullion purchases, signaling a global rebalancing away from government bonds toward tangible reserves. Shift from debt to hard assets — analysts point to weakening confidence in sovereign debt markets as a key driver behind precious metals’ secular bull market. Silver’s supply squeeze is real — more than 350 million ounces have drained ... (full story)

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