Silver soars to record high above $60 as Standard Chartered warns of near-term volatility

From kitco.com

Silver prices continue to surge higher, breaking to new record highs above $60 an ounce. While one market strategist says the precious metal will remain in a solid uptrend, it could see some near-term volatility. Not only has silver broken to new record highs, but it also continues to significantly outperform gold. Silver’s latest jump has pushed the gold/silver ratio to 69 points, its lowest level since late July 2021. Spot silver last traded at $60.72 an ounce, up more than 4% on the day and more than 100% so far this year. In her latest precious metals note, Suki Cooper, Global Head of Commodities Research at ... (full story)