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Silver Rallies to Fresh 14-Year Highs
Silver surged sharply today, pushing to levels not seen since May 2011. The metal broke past key resistance, reaching fresh multi-year highs amid bullish momentum and rising investor interest. One of the key drivers of the rally has been shifting expectations for U.S. monetary policy. Markets increasingly anticipate that the Federal Reserve will continue cutting interest rates, and boosting the appeal of non-yielding assets like silver. At the same time, weakness in the U.S. dollar has made silver cheaper for buyers in other currencies, spurring additional demand. The rally is also supported by the metal’s ... (full story)
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