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Silver Extends Record-Breaking Rally on Tight Global Supplies
Silver jumped to a fresh peak on Monday with traders placing speculative bets on ongoing supply tightness. Gold inched lower. The white metal rose as high as $58.23 an ounce after soaring almost 6% on Friday. It has climbed for six consecutive sessions and close to doubled in value this year, outpacing the roughly 60% rally in gold. A record amount of silver flowed into London in October to ease a historic squeeze in the world’s biggest trading hub for the metal, but this has put other centers under pressure. Inventories in warehouses linked to the Shanghai Futures Exchange recently hit the lowest in nearly a ... (full story)
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- Dec 1, 2025 12:03pm Posted byFundamental Analysis234
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