After a 10% surge, silver price reached $58.84, boosting year-to-date gains over 100%
From vtmarkets.com
Silver prices recently surged to $58.84 per troy ounce, achieving a 10% rise since last Friday and pushing year-to-date gains above 100%. Despite a retreat to around $57, the limited supply and low inventories on Shanghai exchanges have contributed to Silver’s robust performance this year. The price increase, which surpassed the previous all-time high from mid-October, positions Silver as the top-performing commodity currently tracked. Recent declines still keep it above the significant October levels. No new catalysts for the price surge have emerged, but existing factors, like tight supply, remain relevant. There ...
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