Silver has experienced a price increase, rising from $50 to over $54 per troy ounce since the start of the week. This increase outpaces Gold, with the Gold/Silver ratio dropping to an annual low of just over 77. The surge in Silver is influenced by anticipated interest rate cuts by the US Federal Reserve soon. Furthermore, Silver inventories on the Shanghai Futures Exchange and Shanghai Gold Exchange have reached their lowest levels in 10 and over nine years, respectively. China’s record Silver exports of 660 tons in October, predominantly headed to London, caused market shifts due to prior shortages. Any potential ... (full story)