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Silver dealers in Singapore scramble for stock amid soaring prices, buying frenzy
Physical silver is becoming increasingly hard to find in Singapore, as a recent global surge in prices has sent investors rushing to the precious metal and left dealers scrambling for stock. Waitlists are now stretching for months, with some retailers struggling to secure fresh supplies amid what analysts describe as a tightening market. The scramble comes as precious metals emerged as the standout performers among commodities last year, driven by economic uncertainty and geopolitical risks. Silver outpaced most major equity indices and currencies, while gold climbed to record highs. Some analysts believe precious ... (full story)