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Silver Still More Than 40% Below January High of $121.6 per Ounce
Silver is still more than 40 percent below its peak of $121.6 per ounce on January 29, despite a nearly 6.5 percent increase in price over the past week. The precious metal has found strong support from the same factors that drive its sister metal, gold, coupled with a tighter supply amid strong industrial demand. Silver hit an intraday high of $69.7 per ounce early on March 26. It dropped as low as $67 per ounce later in the session. The white metal settled at $67.97. Silver fell as traders sold their paper market positions to cover margin calls, much like gold did. The white metal peaked on March 27 at $70.3 per ... (full story)
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- Apr 7, 2026 1:58pm Posted byFundamental Analysis117
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